{"id":942,"date":"2020-02-23T22:11:59","date_gmt":"2020-02-23T22:11:59","guid":{"rendered":"https:\/\/trc-parus.ru\/?p=942"},"modified":"2023-05-04T14:50:28","modified_gmt":"2023-05-04T22:50:28","slug":"what-are-basis-points","status":"publish","type":"post","link":"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/","title":{"rendered":"What are basis points?"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignright size-large is-resized\"><img decoding=\"async\" data-src=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/bps.png\" alt=\"\" class=\"wp-image-943 lazyload\" width=\"233\" height=\"81\" data-srcset=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/bps.png 681w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/bps-300x104.png 300w\" data-sizes=\"(max-width: 233px) 100vw, 233px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 233px; --smush-placeholder-aspect-ratio: 233\/81;\" \/><noscript><img decoding=\"async\" src=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/bps.png\" alt=\"\" class=\"wp-image-943\" width=\"233\" height=\"81\" srcset=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/bps.png 681w, https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/bps-300x104.png 300w\" sizes=\"(max-width: 233px) 100vw, 233px\" \/><\/noscript><\/figure><\/div>\n\n\n<p>When you&#8217;re in payments, you&#8217;re in an industry with thousands of competitors in a complex <a href=\"https:\/\/trc-parus.ru\/blog\/credit-card-and-payment-processing-industry-overview\/\">value chain<\/a>. In fact, most of the industry involves just a handful of very large banks. However, the industry is so big that very large companies can be built by just taking a sliver of the industry. That&#8217;s why basis points exist. <\/p>\n\n\n\n<p>Basis points are a unit of measurement to describe a percentage, typically less than 1%. 100 basis points equals 1%. 50 basis points equals 0.5%.&nbsp;<\/p>\n\n\n\n<p class=\"has-text-align-center\"><strong>1 basis point = 0.01% (1\/100 of a percent) = 0.0001 in decimal form<\/strong><\/p>\n\n\n\n<p>Basis points, also referred to as bps or bips, are important because payment pricing is typically measured using fractions of a percent. That means basis points.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When you&#8217;re in payments, you&#8217;re in an industry with thousands of competitors in a complex value chain. In fact, most of the industry involves just a handful of very large banks. However, the industry is so big that very large companies can be built by just taking a sliver of the industry. That&#8217;s why basis [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[30],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are basis points? - Credit Card Processing and Merchant Account<\/title>\n<meta name=\"description\" content=\"Basis points are a unit of measurement to describe a percentage, typically less than 1%. 100 basis points equals 1%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What are basis points? - Credit Card Processing and Merchant Account\" \/>\n<meta property=\"og:description\" content=\"Basis points are a unit of measurement to describe a percentage, typically less than 1%. 100 basis points equals 1%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/\" \/>\n<meta property=\"og:site_name\" content=\"Credit Card Processing and Merchant Account\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/clearlypayments\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-23T22:11:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-04T22:50:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/bps.png\" \/>\n\t<meta property=\"og:image:width\" content=\"681\" \/>\n\t<meta property=\"og:image:height\" content=\"236\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kalle Radage\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@kalleradage\" \/>\n<meta name=\"twitter:site\" content=\"@clearlypayments\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kalle Radage\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/\"},\"author\":{\"name\":\"Kalle Radage\",\"@id\":\"https:\/\/trc-parus.ru\/#\/schema\/person\/608d627233ee548e9312ce67fe0b72d0\"},\"headline\":\"What are basis points?\",\"datePublished\":\"2020-02-23T22:11:59+00:00\",\"dateModified\":\"2023-05-04T22:50:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/\"},\"wordCount\":120,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/trc-parus.ru\/#organization\"},\"image\":{\"@id\":\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/trc-parus.ru\/wp-content\/uploads\/2020\/02\/bps.png\",\"articleSection\":[\"Reducing Fees\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/\",\"url\":\"https:\/\/trc-parus.ru\/blog\/what-are-basis-points\/\",\"name\":\"What are basis points? 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