Credit card spending has grown significantly over the past decade, leading to higher costs for businesses. For retail executives, finding ways to reduce these processing fees is crucial to improving ...
Credit card processing costs typically range from 1.5% to 3.5%, but processor markups can inflate costs. Using interchange-plus pricing can give you more insight than a flat-rate plan. Compare quotes, ...
Payment processing is necessary for businesses to accept credit card payments, but it comes with risks that could open your business to fines, fees and operational challenges. Unless you adhere to ...
Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...
The process seems logical: Get a few quotes, compare rates, and pick the lowest one. Unfortunately, that approach almost never delivers the real savings you’re hoping for. Here’s why shopping for a ...
The small portion of each credit card sale that your business pays toward processing costs can add up to thousands each year. Although credit card fees are a cost of doing business, they aren’t set in ...