💳 The Truth About Payment Processing Fees: What Every Business Owner Should Know.
Did you know that credit card processing fees can vary widely depending on your provider and setup?
🤔 Many businesses pay more than they need to, simply because they’re unaware of the options available.
Here’s a quick breakdown of the three most common pricing models:
1️⃣ Flat Rate: Easy to understand but often more expensive in the long run. You pay the same percentage for every transaction, no matter the card type or method.
2️⃣ Interchange Plus: Transparent and tailored! You pay the exact card network fees (interchange) plus a small, agreed-upon markup. Ideal for businesses looking for cost savings and transparency.
3️⃣ Cash Discounting: Pass on the cost of card acceptance to customers who pay with credit cards. This can save you big time on processing fees! It’s fully compliant when done correctly, and we can guide you through it.
At MONA Solutions, we specialize in helping businesses like yours find the perfect payment processing setup. We don’t just process payments; we act as your trusted partner to streamline operations and save money. 💼 💲
Want to learn more or see if you’re overpaying? Contact me today for a free analysis!
#SmallBusinessTips #PaymentProcessing #MONASolutions #SaveMoney
Your Payments Guy | iGaming | Casinos |
7moThis is the best feeling. Helping merchants optimizing their payments and save them money, is what files the payment consultant. Abby Stulir