Payment Processing Fees: A Looming Threat to Business Profitability

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp
Payment Processing Fees: A Looming Threat to Business Profitability

Post-COVID, businesses, and consumers have increasingly relied on electronic transactions, a convenience that comes at a cost related to payment fees. Though these fees appear nominal on the surface, they can
cumulatively erode profit margins, especially for growing businesses. A recent study found that credit card processing fees alone
cost US merchants around $100 billion
in 2023…
Read More

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

Receive the latest news

Subscribe To Our Weekly Newsletter

Get notified about new articles