Credit card surcharging shifts processing costs to customers but can cause legal issues, competitive disadvantages and ...
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 ...
Grocers pay a lower rate than other businesses and they tend to have more recurring customers, making them less likely to implement credit card surcharges. The convenience of swiping your credit card ...
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 ...
When I discovered that the gas station closest to my house charges a 3% surcharge if you want to buy fuel with a credit card, I had to ask, Who pays cash for gas anymore? I haven’t regularly paid cash ...
Discover how batch credit card processing can save costs with grouped transactions. Learn how it works, key benefits, and considerations for your business.
AI-generated summary reviewed by our newsroom. Read our AI Policy. House bill proposes 2% cap on credit card fees charged by businesses statewide. New policy includes $500 penalty for merchants ...