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

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Look at the markup your provider adds on top of interchange fees, and check for hidden costs like PCI compliance fees, statement fees, and minimum processing requirements. Pro tip: if you’re using a solution like CardX , compliance with your local surcharging laws is a breeze. Take the time to review your monthly statements.

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Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?

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PCI-compliance fees – Businesses running credit card transactions must be compliant with the Payment Card Industry Data Security Standard (PCI DSS). The average PCI compliance fees vary depending on various factors, such as business specifications. There are some strategies you can use to help you lower your processing fees.