Category Payments

The Hidden Costs of Card Processing Fees for Small Businesses

Photo by Blake Wisz on Unsplash
Card processing fees can be confusing and expensive for small businesses, eating into profits and making it hard to compete with larger companies. Alternative payment methods, like mobile payment apps or prepaid debit cards, may offer lower fees and more predictable pricing. Small business owners should carefully consider the costs and benefits of accepting card payments and look for ways to reduce fees.