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

EBizCharge

Adopting a cash discount program where posted prices have the credit card processing fee built-in, and those paying by cash receive a discount. This approach helps simplify merchants’ cost structures and can be advantageous if customers are comfortable with the pricing strategy.

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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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