Complete Story
10/26/2021
Money & Business Pro Tip: Reduce Credit Card Fees by Switching Providers
Oct. 26, 2021
In our increasingly cashless world, it’s a fact of life that many association transactions happen using credit or debit cards—in e-commerce settings and beyond.
And electronic transactions come with fees, whether from card networks such as Visa, Mastercard and American Express; the card providers that manage the cards for consumers; or from payment processors that help to manage the transactions.
So, what can your association do to ensure it’s minimizing these extra costs when accepting credit card fees? One place to look is your payment processors—and whether the options are brighter on the other side.
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