Cost of Payments is an elusive and mysterious topic. There is hardly a mention on the web, no clear definition or explanation found.
Cost of payments is a double edged sword, on one hand it is a necessary evil, on the other, a formidable revenue driver. Regardless of which side you are on, you ought to know how to qualifying and quantifying costs. It is an important metric to watch. Improving cost efficiency is a not optional and can be time consuming, so plan ahead and review often.