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Payment Processing for Small Businesses: What They Don’t Tell You

Clearly Payments

Cash Discounting and Surcharging To offset processing costs, some businesses use cash discounting or surcharging: Cash Discounting Offering a small discount (usually 3-4%) for customers who pay with cash instead of a card. Avoid High-Risk Transactions Large or unusual transactions can trigger fraud reviews, increasing costs.

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How Much Do Credit Card Companies Charge Merchants?

Stax

Viewing these costs individually makes it easier to understand what is contributing to your credit card processing costs and where you may be able to save money. Additional fees As well as the credit card fees mentioned above, there are a range of other fees that contribute to credit card processing costs for business owners.