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JULY 30, 2024

This was, in fact, the first time that swipe fees for these two card networks crossed $100 billion. Thankfully, implementing a credit card surcharge program can be particularly beneficial for small businesses to offset the cost of accepting credit card payments.

Merchant Services 88

Merchant Services Accept Credit Card Payments Payment Services Payment Methods 88

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APRIL 18, 2024

What is mobile credit card processing? Mobile credit card processing refers to the capability of accepting credit card payments using a mobile device equipped with a card reader and specialized software. What types of merchants need mobile credit card processing?

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

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MAY 7, 2024

These fees also vary depending on the card network. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. These equipment often have setup fees, ranging between $0 and $2,000, and sometimes monthly fees from the payment processor.

Merchant Services 88

Merchant Services Payment Services Payment Methods Accept Credit Card Payments 88

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APRIL 2, 2024

And with merchants expected to pay as much as $502 million extra after price hikes in 2023 and 2024, these fees are shooting up faster than the transaction amounts spent on purchases. Once it’s up and running, make sure you have point-of-entry and POS signage. For both options, you need to adhere to the following best practices.

Merchant Services 88

Merchant Services Payment Methods Payment Services Accept Credit Card Payments 88

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JULY 5, 2024

In-store personnel, especially those at points-of-sale, should be educated on cash discounting and surcharging, so they handle customer queries better and resolve payment issues faster. Hence, the regular price is the “cash price” and a surcharge fee is added at the POS if customers pay with credit cards.

Merchant Services 68

Merchant Services Payment Methods Point of Sale Stax 68

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APRIL 4, 2024

Credit cards are incredibly popular, and it’s easy to see why: they’re convenient and accepted nearly everywhere. According to Forbes , 32% of consumers use it as their primary payment method. A credit card surcharge is also one such fee that is added during the final point of sale.

Merchant Services 68

Merchant Services Payment Methods Payments Payment Services 68