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Merchants’ disdain for interchange is well documented, but one aspect of card-acceptance costs that gets drowned out by the outcry over interchange is that rising processing fees are hitting merchants ...
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, ...
We all know how convenient it is to swipe our credit cards for everyday purchases. In fact, as of 2022, 82% of U.S. adults had a credit card, making it the most common consumer lending product. In ...
With card acceptance becoming a near-necessity in vending due to declining cash usage, processing fees can put meaningful ...
Credit card processing fees are inescapable when your business accepts credit card payments. Many businesses cover these costs by passing them on to the customers who use credit cards — a practice ...
For most small UK businesses it’s impossible to avoid taking customer payments by credit card. But the fees from these transactions can quickly eat into profits, making it particularly difficult for ...