Tax Season is Here and Time to Review Your Processing Statements for Savings
Tax Season is here and businesses need to start looking for ways to save money. The easiest way is review your merchant processing statement, in other words how your business accepts credit cards. Reviewing your statement every year allows you to see what your cost is to accept card payments for goods and services. While the rates may be low, you need to check for other monthly fees such as Quarterly dues, Annual fees, PCI Compliance fees, Security Fees, etc. Most of these fees are just ways for your processor to make more revenue off your account and do not really enhance your processing ability. Also, check out your equipment.…Read more