Credit card processing fees are unavoidable. However, understanding how credit card processing fees work can help you manage the cost of accepting card payments for your business.
Credit Card Processing Fees Explained (+ Cost Calculator)
What Are Credit Card Processing Fees? Credit card processing fees are the combination of service fees imposed by the credit card network, the card issuing bank, and your merchant services or payment processing provider. Businesses typically pay an average credit card transaction rate of 1.9% to 3.75%, depending on a variety of factors such as…