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Want the Cheapest Credit Card Processing? Surcharging May Be the Answer

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The purpose of interchange fees is to compensate the issuing banks for the risks and costs associated with processing and managing credit card transactions. Note: this can be mitigated with proper communication.) Communicate to customers Communicating the surcharge to customers is key to maintaining positive customer relationships.

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Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

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Helcim Helcim is a low-cost payment processor dedicated to small and medium businesses. With Helcim, you’ll get access to their POS system, invoicing software, and other tools required to process payments. Pricing: Stripe starts at 2.9% + 30 cents for each successful domestic card transaction.