Price Increases

Posted by profi3 on April 3, 2010 under Pricing & Fees | Be the First to Comment

Every year around April, it is a very good idea to review your monthly merchant account statement.  This is the time Visa and Master Card raise their fees.  Every so slightly, but the increases are there.  There are a number of things you can to to keep your rates down:

• Ensure clients are using debit as a first choice of payment.
• Reduce special charges and fees by swiping your cards rather than keying them in.
• Batch daily to avoid penalties for late submission.
• Have your statement reviewed by a professional like ExpenseSavers to make sure you are not overpaying on fees and are getting the best rates possible.