Tag: credit card processing
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Average Fees for Credit Card Processing in 2025
Average credit card transaction fees typically range from 1.5% to 3.5% per transaction. While this may seem like a small percentage, these fees can quickly add up – especially for small businesses processing high volumes. Here’s the reality: accepting credit cards isn’t optional anymore. Businesses that don’t accept cards are leaving money on the table.…
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How to Reduce Credit Card Chargebacks 2024 Holiday Season Edition
The post-holiday chargeback surge is coming, and it’s going to hit harder than ever. With holiday retail sales reaching $957.3 billion in 2023, and an expected 3.5% growth for 2024, businesses are set to face a wave of transaction disputes in January 2025. I’ve seen firsthand how these chargebacks can devastate businesses, often wiping out…
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The Rising Problem of Credit Card Declines: #1 Cause and Solutions for Merchants
Since the dawn of technology, credit cards have been a revolutionary payment method—providing unprecedented convenience and trust in online commerce. Nowadays, this simple yet powerful tool has become ubiquitous as an ever-popular means of transaction for shoppers worldwide. However, merchants are finding that their transactions are increasingly subject to declines from customers’ issuing banks due…
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Save Money & Qualify for Level 3 Credit Card Processing Rates
Level 3 processing offers lower interchange fees and helps businesses better navigate their data to increase profit and decrease costs. So why isn’t anyone talking about it? Find out what it takes to qualify for Level 3 processing, what additional information you’ll need to provide, how it compares to the other levels of data processing,…
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Inflation, Your Merchant Account, and Rising Credit Card Processing Fees
Inflation is a term used to describe an increase in the general level of prices for goods and services in an economy over time. This can be caused by a number of factors, including increases in the money supply or government policies that lead to lower productivity. Inflation affects every part of your small business,…
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