This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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 smallbusinesses, zero cost credit card processing provides an attractive solution for merchants to ensure a solid financial position.
This was, in fact, the first time that swipe fees for these two cardnetworks crossed $100 billion. Thankfully, implementing a credit card surcharge program can be particularly beneficial for smallbusinesses to offset the cost of accepting credit card payments.
That said, you can’t just decide and impose credit card surcharges overnight. It requires stringent adherence to regulatory guidelines and cardnetworkrules, 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.
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 smallbusinesses, too. Their operating margin sinks as hard-earned revenues redirect to the processor.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content