There are many costs associated with accepting credit and debit cards as payment. The largest cost is interchange, and it can represent 70 to 95 percent of the total cost of processing credit and debit cards. Interchange cannot be negotiated but it can be managed. This white paper provides a background on interchange and identifies specific strategies that can be employed by companies to reduce the cost of processing credit and debit card transactions.
Unlocking the Benefits: Level 2 & Level 3 Processing in Payments
In today's competitive business landscape, optimizing costs and streamlining operations are key priorities for companies of all sizes. When it comes to payment processing, businesses have a valuable tool at their disposal: Level 2 and Level 3 processing. These offer...
