Should You Choose the Lowest-Priced Merchant Services?

Compass with needle pointing the word best price. Merchant services concept

One of the hardest decisions to make as a merchant is which payment processing services to use. Most have arcane fee structures that make it hard to tell exactly what you’ll pay. There’s the discount rate, the transaction fee, the statement fee, and more. Even worse, some of the fee names are the opposite of what they sound like or are otherwise confusing.

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The E-commerce Processing Rush is Far From Over

Atom connect with blur fashion retail shop e-commerce store concept

When e-commerce processing first came into existence, analysts predicted that it could become a multimillion-dollar industry. Now, it’s clear that what once seemed lofty was actually understated. Billions of dollars change hands online, and the vast majority does so via credit card transactions. This makes e-commerce processing more important than ever.

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Key Benefits of the OptBlue Program

American Express and other credit card

Allowing customers to pay for a product or service using a credit card is a very important convenience that can directly result in higher sales. While there are clear advantages to allowing a consumer to use credit cards for payment, it can result in some drawbacks including the requirement to pay fees and delays in the receipt of cash. For those businesses that accept American Express, taking advantage of the BAMS OptBlue program would be very beneficial. There are a variety of advantages of the OptBlue program that can make it a great investment for any business.

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