Remove Adjustments Remove Cost Structure Remove Legal
article thumbnail

Understanding No Fee Credit Card Processing: What Every Business Owner Should Know

EBizCharge

This approach helps simplify merchants’ cost structures and can be advantageous if customers are comfortable with the pricing strategy. When customers pay with their credit cards, surcharging applies an additional fee that covers the specific cost associated with that transaction type.

article thumbnail

Understanding General and Administrative Expenses (G&A): Definition, Examples, and Management Strategies

EBizCharge

These encompass various expenditures, from managerial salaries and office supplies to legal fees. G&A costs are typically categorized as indirect costs, meaning they do not fluctuate with the level of production or sales. In contrast, COGS includes all the direct costs attributed to the production of goods sold by a company.

Product 52
article thumbnail

How Companies Make Revenue from Payments and the Different Business Models

Clearly Payments

It encompasses various elements, including the target customer segment, value proposition, distribution channels, revenue streams, key resources, and cost structure. Companies entering the market need the flexibility and resources to adjust quickly to regulatory shifts.

article thumbnail

What is a Payment Facilitator: Understanding PayFac

EBizCharge

Since failure to comply with such regulations can result in substantial fines and legal issues , these facilitators alleviate merchants’ stress. Cost structure: PayFacs may offer competitive pricing models due to their aggregated volume and often cater to niche markets.

article thumbnail

The ABCs Of The California Gig Worker Ruling

PYMNTS

In addition, the ability to receive additional benefits, such as overtime and paid leave, can drastically alter (and increase) the operational cost structure of these firms. The laws that we’re talking about, the legal concepts that we are talking about, have been around for decades, and they have not evolved along with the U.S.

Rules 64