MBA1010 Q&A Wednesday: How can I save money with my payment processor?
Payment processing fees are part of the cost of doing business. But does the cost have to be so high? Nope. It doesn’t. Depending on your business, you may be able to finagle more preferable transaction charges, lowering the percentage of revenue you lose to payment processing. There are ways to save, without comprising service or customer security. You just have to know how. Today, we discuss how to cut down your payment processing budget. While so many business owners assume they simply have to accept their payment processor’s terms, the truth is that transaction fees — like anything — are negotiable. Plus, your payment processing structure can be altered to save you even more. Learn how to improve your bottom line, by gaining the leverage you need to bring your payment processor to the table. Click Play!