From what I can tell, yes. There's 3 parts to this equation: 1- Logic engine that handles all the complicated stuff (chargify, zuora,etc.) 2- Merchant process

From what I can tell, yes. There's 3 parts to this equation: 1- Logic engine that handles all the complicated stuff (chargify, zuora,etc.) 2- Merchant processor that handles the actual processing of the charges. They're the ones taking 2-3% (or less or more) 3- Bank account that stores your money until you feel like spending it on hookers and blow.