3 Ways You Can Begin Accepting Credit Cards
If you have been wanting to accept credit card payments for your small business, but have put it off because of fear of extra fees and effort, then you might want to reconsider.
Check out this article called “A Smart Way to Take Credit Card Payments” by Tim Devaney and Tom and learn about 3 simple low cost solutions to accepting credit cards…
“Interchange fees. If you’re a small merchant, you know how irritating they are, because you have to hand the bank a piece of the transaction each time a customer pays with a credit card. The fees average around $2 on a $100 transaction, and they really pile up. Interchange fees are the second-highest expense for most small merchants, after labor costs.”
“But like a lot of other annoyances in life — mortality, taxes, etc. — exorbitant interchange fees (and the hidden charges that often go with them) are unavoidable. At least, they have been until now. Recently, a disruptive little device that plugs in to a smartphone or tablet has made it easy for merchants to swipe customer credit cards without paying through the nose for the privilege.”
Photo by Philip Taylor PT
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