Credit Card Processing Fees


Posted on August 6th, by CYAAdmin in Business, CYA, Louisville, Tips. 3 comments

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credit_1Why not use your bank for credit card-processing services?  What you are paying for that convenience, versus shopping around, might surprise you.  Those fees are explained thoroughly in this article from Forbes, as well as some extra perks you might not have considered asking for in your negotiation.  I hope you enjoy it!

Processing Fees

When Yvonne Chu launched Kimera, her Brooklyn, N.Y.-based dress retailer, five years ago, setting up a system to accept her customers’ credit cards was an afterthought. Already armed with a small business card from Capital One, she figured why not use the bank’s credit card-processing services, too? “I needed it in a hurry,” says Chu.

It took a few years, but Chu eventually realized she was leaving real money on the table…..

Read more: http://www.forbes.com/2007/02/20/visa-americanexpress-globalpayment-ent-fin-cx_mf_0220creditcard.html





3 thoughts on “Credit Card Processing Fees

  1. Hmm is anyone else experiencing problems with the images on this blog loading? I’m trying to figure out if its a problem on my end or if it’s the blog. Any feedback would be greatly appreciated.

    • Rolanda,
      We were experiencing a problem with the images loading properly. Hopefully that is behind us.
      Regards,

      Debra
      CYA Concepts, LLC

  2. Actuallу, this iѕ іncгementаllу starting tο be mlre thаn a bonus.
    ” In the event you presently have a web merchant account, make maturity with the provider and discover out which payment gateways you are able to use with unfeigned table of merchant accounts and gateways, and after that apply cache a compatible gateway. As the use of debit increased, primarily because of the promotion by the card issuing banks, it become a bigger cost to the merchants.

    Visit my page: credit card mobile processing (http://www.ehighriskmerchant.com)

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