Understanding the Cost of Processing Card Payments

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.

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