Why is credit card processing so expensive? It seems exorbitant for something so simple.

By August 22, 2016

It’s all a matter of perspective. A “simple” transaction actually involves at least four and maybe more organizations that have employees, technology and infrastructure to pay for. You can learn more about this in our blog post, “Credit Card Processing Fees: the ABCs.”

In actuality most of the credit card processing companies are like grocery stores; the prices may seem high, but our mark-ups are actually very low – much lower than the average retail merchant. When you consider the extra sales potential that accepting credit cards offers your business, it’s actually a good deal if you get the right processor.