Are You Paying Too Much for Credit Card Processing?
Why Merchants Overpay Many business owners assume their processing rates are fixed. They see a percentage on a statement and think that is the cost of doing business. Most statements are designed in a way that makes it difficult to see the fee breakdown, which allows hidden markups and unexpected charges to accumulate. Common reasons […]
Do You Really Know What You’re Paying for Credit Card Processing?
Understanding Your Credit Card Processing Rate Many business owners see a single percentage on their merchant statement and assume it is a fixed cost. Most statements are confusing, with multiple fees hidden in fine print. One business owner recently told us he saw “3%” and thought that was all he was paying. In reality, that […]
