Giving your customers as many ways to spend money with your business is a must for increasing revenue potential but accepting credit cards also comes at a cost: interchange fees that can eat into your profits.Read More
Credit card interchange fees are avoidable, yet businesses still dole out up to 3.5% of every credit card transaction to the issuing bank.Read More
As you’re probably painfully aware, credit card companies want a piece of the action every time your business takes payment by credit. None of us can afford this kind of death-by-a-thousand-slices.
Fortunately, a simple credit card surcharge strategy can give you a way to have your cake and eat it too!Read More
Credit card surcharging.
What is it? How does it work? Should you use it?
For those who are just discovering the world of credit card surcharging, rest assured that you’re not alone.Read More
Running a business is challenging enough. If you’re operating with a lean budget, you likely can’t afford to worry about rules concerning credit card transactions and fees. You also need to save money without fear of triggering a regulatory tripwire.
Credit card companies like Mastercard and Visa charge you, the merchant, every time a customer uses their card. In the U.S., each state has laws that govern what small businesses can and cannot do regarding credit card processing fees.Read More
In a world where swipe fees (otherwise called interchange fees) are on the rise, it’s more important than ever for merchants to take advantage of surcharging to offset these costs. However, it’s important that you ensure total compliance when implementing surcharging. Failure to comply with surcharging rules can lead to significant financial penalties from credit card brands.Read More