Remove Caps Remove Card Network Rules Remove Small Business
article thumbnail

Is Zero Cost Credit Card Processing Suitable for Your Small Business?

EBizCharge

Additional charges can result from various circumstances, such as chargeback fees, Payment Card Industry (PCI) non-compliance fees , monthly minimum fees, and gateway fees. Since these costs can stack up for small businesses, zero cost credit card processing provides an attractive solution for merchants to ensure a solid financial position.

article thumbnail

Credit Card Surcharge Guidance: A State-by-State Overview of Surcharging Laws

Stax

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.

article thumbnail

Credit Card Surcharges: What Are They, and How Do They Work?

Stax

That said, you can’t just decide and impose credit card surcharges overnight. It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. Learn how your business can capitalize on these transaction fees while staying on the right side of the law.

article thumbnail

Stay Aware and Protect Against Hidden Charges

Segpay

Transaction fees especially erode thin-margin businesses with average tickets under $15. Try negotiating caps after volume thresholds or bundled transaction pricing. This scales down to very small businesses, too. Their operating margin sinks as hard-earned revenues redirect to the processor.