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How Merchants Can Lower Their Credit Card Processing Fees

Clearly Payments

to 3% of each transaction, impacting a business’s overall profitability. This article explores practical strategies to help businesses lower their credit card payment processing costs, offering insights to enhance financial efficiency. per transaction. These fees typically range from 1.5%

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Understanding Interchange Fees: A Canadian Merchant’s Guide

Clearly Payments

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. The three main categories are debit cards, credit cards, and premium credit cards.

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