More and more merchants have to contend with a growing consumer habit of cashless transactions. Given the rise of this trend, many merchants that may have shunned a merchant account for some time are finally accepting it as a new normal and payment processing fees as the cost of doing business. But since those fees …
Under the financial stress and burden resulting from the effects of the pandemic, businesses may be more receptive to sharing the cost of credit card fees with their customers. Even under normal circumstances, credit card processing is expensive for businesses, especially small businesses with tighter budgets. To improve cash flow, as well as to prevent …
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Surcharge vs Cash Discount – How They Differ There has been a lot of talk about cash discount programs and surcharging recently. Though these two payment processing programs have similarities they are not the same. Here is how the two differ. What are credit card surcharges? A credit card surcharge is a fee that is assessed …
Surcharge vs Cash Discount – What’s the Difference? Read More »
Reduce Your Merchant Services Cost With Cash Discount Program. Most people are paperless. In fact, many have become so accustomed to paying for goods and services in this manner, it has become a necessity for merchants to have credit card processing solutions. If the merchant wants to do business, he or she must have a …
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