Many business owners tend to focus too much on their credit card processer's fees and not their transactions fees to their peril. The costly mistake w
You pay two different types of fees for each credit card transaction. The discount rate covers your transaction volume, while the flat transaction fee covers everything else. You pay a transaction fee every time your credit card reader or software sends or receives information from your processor. Transaction fees have many names including authorization fees, return fees, AVS fees, and gateways fees, and you can have more than one of them on each individual credit card transaction. Proces...
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