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Choosing an Online Payment Gateway

Clearly Payments

Ensure that the payment gateway complies with Payment Card Industry Data Security Standard (PCI DSS) requirements. Transaction Fees and Costs: Evaluate the fee structure of potential payment gateways. Consider not only transaction fees but also any setup costs, monthly fees, and additional charges.

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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. Here are key strategies that merchants can consider to reduce their interchange fees: Switch to a Lower Cost Payment Processor: Establishing a strong relationship with payment processors can be pivotal.

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