Determining the true costs of credit card processing can be difficult. Merchant statements can be confusing and there are so many technical and industry-laden terms thrown around that it becomes challenging for companies to understand how much card acceptance is actually costing them.
But in actuality, if you know your interchange, dues/assessments and acquirer fees, then you can determine most of the all-in costs for card processing. And knowing this information can help you cut costs and improve your bottom line.
