Discover which cost structure impacts your profit margins and customer experience more. Learn how interchange fees and surcharges affect your ecommerce profits. This guide helps you decide which strategy aligns with your business goals. TL;DR Interchange fees drain 2.35% average per transaction and comprised 70-90% of the $187.2 billion merchants paid in 2024 Surcharging recovers […]
Tag: Interchange-Plus Pricing
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Interchange Fees vs. Surcharges: Optimize Your eCommerce Profits
Partnering with the right payment processor can be the difference between a healthy profit and financial struggle for merchants in a wide variety of industries. While the features offered by merchant services companies are important, low transaction fees are understandably the primary concern of most businesses, and an important step in securing the lowest fees […]
One of the most important questions any business should ask themselves when looking for a new merchant account or merchant services provider is “how will this service impact my profitability.” It can be easy to simply write off merchant fees as a cost of doing business – and certainly, they are – but small differences […]
