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By following these simple tips, you’ll be able to secure creditcardprocessing rates that make big businesses jealous. Learn More TL;DR Not all creditcardprocessing companies are created equal. Look for transparency in pricing, no hidden fees, and options that suit your specific business needs.
Cashless transactions have dethroned the age-old cash payments. With creditcard transaction volume hitting over $9.5 trillion in the US in 2022, acceptingcardpayments is no longer a question of whether to, but how to. billion in processing fees, which was a 16.7% increase from the previous year.
If your company acceptscreditcardpayments ( which it should ), chances are, you’re going to be affected by Visa’s interchange rates. Visa is one of the biggest payment networks in the world, with ~4.2B cards currently in use. So it’s virtually impossible for a business to not accept Visa cards.
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