- Greater Lafayette, Indiana -
The convenience of accepting credit card payments at your business comes at a price. The threat of credit card fraud is very real. But not accepting credit card payments is not an option for many businesses today.
Do you know what you’re paying to process each transaction? There are over 249 credit cards that can walk into your business, each of them carry a cost.... Interchange Cost. The costs range from .23 cents for debit transactions to 2.89% for American Express. Do you ever wonder why that is? Do you get frustrated every month when your statement comes and you don't understand it? Are you curious how new fees show up each month on your statement? Have you ever been asked to pay a PCI Compliance fee? Batch fee? Statement fee? Monthly fee? Annual fee?
Do you know what you’re paying to process each transaction? There are over 249 credit cards that can walk into your business, each of them carry a cost.... Interchange Cost. The costs range from .23 cents for debit transactions to 2.89% for American Express. Do you ever wonder why that is?
Do you get frustrated every month when your statement comes and you don't understand it? Are you curious how new fees show up each month on your statement? Have you ever been asked to pay a PCI Compliance fee? Batch fee? Statement fee? Monthly fee? Annual fee?
Daphne Larson from Heartland Payment Systems will be with us on Tuesday Jan. 8th to explain what we need to know when considering merchants processing systems. She will tell us what to look for - what to avoid. Spend a little time with AWBO and you will be sure to start your new year hitting the ground running!
