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How Merchants Can Lower Their Credit Card Processing Fees

Clearly Payments

This article explores practical strategies to help businesses lower their credit card payment processing costs, offering insights to enhance financial efficiency. Negotiate with Your Credit Card Processor This is probably the simplest and most impactful way to reduce your fees. These fees typically range from 1.5%

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Understanding Interchange Fees: A Canadian Merchant’s Guide

Clearly Payments

Card Networks: Major credit card networks like Visa, Mastercard, and others establish the baseline for interchange fees. These fees are non-negotiable and serve as a fundamental component of the cost structure for merchants. Card Type: Interchange fees vary based on the type of credit card used in a transaction.

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