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Are Payment Processing Fees Eating Into Your Bottom Line?

Are Payment Processing Fees Eating Into Your Bottom Line?

by Dale Erling | May 1, 2023 | Convenience Fee, Credit Cards, Debit Cards, Interchange Fees, Payment Processing, Surcharge

If you currently accept credit cards for payment, and who isn’t, payment processing fees are eating into your bottom line!  How big of a bite? For many businesses, payment processing is typically one of the five largest expense items on a P&L. And costs keep...
Why your government agency should NEVER worry about interchange rate increases

Why your government agency should NEVER worry about interchange rate increases

by Dale Erling | Mar 31, 2022 | Convenience Fee, Debit Cards, EMV, Government Payment Processing, Interchange Fees, Service Fee Government

If you missed the announcement – Visa and Mastercard will increase most of their credit card fees in April 2022. For years, Visa, Mastercard, Discover, and American Express (card brands) have reserved the right to review their Interchange fees every April and...

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