How to Lower Credit Card Processing Fees

Close-Up View Of A Girl Paying By Credit Card With A Wireless Pos Terminal

Credit card fees can quietly eat into your margins. The good news? You don’t have to accept high rates as a cost of doing business.

Highlights:

  • Negotiate rates directly with processors—yes, it’s possible
  • Avoid non-qualified transactions with smart routing
  • Use Level 2 and 3 data for B2B card discounts
  • Review your monthly statements for hidden markups
  • Offer incentives for debit or cash payments