Credit Card Fees For Merchants
What are credit card fees, why do they exist, and what can you do to manage them?
What are credit card fees, why do they exist, and what can you do to manage them?
One way to manage the credit card fees is to add an additional fee charged upon payment. This is called surcharging, and it’s becoming more common as rates increase.
Popular at gas stations for years now, a cash discount is simply when a business offers their goods and services at a lower price when customers pay with cash. To be a viable cash discount program though, the participating business must clearly display the price variations between the cash price and the price is paying with a card.
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Connect with our team of payment and Fintech industry experts to get all your questions about credit card fees answered quickly.