Clearly Payments

MAY 16, 2024

Predictability : For businesses with very consistent transaction types, tiered pricing can provide a predictable cost structure. Cost-Effectiveness : For merchants predominantly processing low-risk transactions, tiered pricing can be cost-effective, particularly if the majority of their transactions qualify for the lower rate tiers.

Process 90

Process Processors Payments Credit Cards 90

Clearly Payments

DECEMBER 7, 2023

Consider not only transaction fees but also any setup costs, monthly fees, and additional charges. Understanding the overall cost structure is crucial for budgeting and financial planning. Scalability: As your business grows, so will your transaction volume. Pros: Direct fund transfers to the merchant’s bank.

Payment Gateways 52

Payment Gateways Gateways Online and Mobile Banking Payment APIs and Integration 52

Clearly Payments

JANUARY 16, 2024

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.

PCI DSS 91

PCI DSS Processors Debit Card Credit Cards 91