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, ...
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 ...
Many manufacturers and distribution companies use a virtual terminal to process credit card payments from customers, a method of payment that’s on the rise as customers using the card often get perks ...
Credit card processing allows businesses to accept debit and credit card transactions, boosting sales and customer satisfaction in the process. Here’s how it works.
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 ...
As business owners look forward to more normalcy this spring and summer, not all aspects of “business as usual” are cause for optimism: The return of increases in credit and debit card processing ...
If your business accepts card payments, credit card processing fees are obligatory. These fees can cost vendors anywhere between 1.5% to 3.5% per transaction, but the rate depends on a variety of ...
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 ...