The phrase "and then passes on" is correct and usable in written English.
It can be used to describe the action of something moving forward or continuing after a certain point, often in a narrative or descriptive context.
Example: "The river flows gently through the valley and then passes on to the next town."
Alternatives: "and then continues on" or "and then moves forward".
In practice, it is the acquirer who collects a fee from the merchant, and then passes on the interchange fee to the card issuer and a separate assessment to the card network.
Such feeds are in scarce supply and thus out of reach of most farmers, but TomKat makes the investment in a bulk buy and then passes on the savings to its neighbors.
I guess EVERYTHING 'has its shot' and then passes on.
When a piece of software begins generating revenue, Assembly takes its cut and then passes on the rest, based on how much ownership each participating member has.
Regardless of one's position on this trend, it makes classic economic sense: by buying in bulk, Walmart commands better prices with suppliers, and then passes on lower prices to consumers.
Not only is it time-saving, but more economical: if you buy from LinkedIn, a posting that might normally cost $300 will cost $160 through Workable, he says, because it pre-buys placements in bulk and then passes on the savings to users to entice them to sign up to the monthly paid plans.
It's about those two people making a story together, and then passing on control.
Mr Gorbachev told us why: because the Russian Orthodox tradition was remembered, conserved and then passed on by the grandmothers.
Mr. Papandreou said Greece could accommodate the American request by conducting such vessel checks with its own coast guard and then passing on information to Washington.
The current rap prochement is very calculated, and very pragmatic, but still there must be something in at least a few Bushes and Kennedys that recognizes a similar species, chooses to sniff curiously and then pass on by, peaceably.
If American law did punish those who receive, and then pass on, or publish, privileged information, much of the Washington press corps would be in jail, according to Lee Levine, a First Amendment lawyer.
