No Fee Credit Card Processing - Collect 100% of Your Sale
You are Paying For Your Customer's Reward Points!
Surprise!
As much as consumers love their reward credit cards, most business owners don't realize they re paying for them!
Why? Because whenever you swipe a credit card, business (merchant) get dinged for a 1-3% interchange fee. And guess what? Those interchange fees go, in part, toward your credit cards rewards.
In other words, credit card rewards contribute to the costs associated with card processing. And because merchants can’t typically add a credit card surcharge, many charge higher prices than would otherwise be necessary.
Yes, merchants can mitigate these expenses by refusing credit cards entirely, or by choosing which cards they’ll accept. Indeed, the fact that American Express isn’t as widely accepted as other card types is primarily due to their higher costs.
