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Olatunji Adetunji

Credit Card Surcharge vs Cash Discount Processing Fee


Credit Card Surcharge vs Cash Discount: Merchant Processing Fee. Credit card acceptance provides a feasible way for patrons to pay for goods and services without using cash. The added convenience is not equally rewarding for merchants who process the fees and offer cash discounts inclusive of a credit card surcharge fee. To offset the cost of card payment acceptance, surcharging and cash discounting are used by some store owners. In today's article, I will be looking at credit card surcharges vs cash discount programs and how these two affect merchant processing fees and their profitability.... Read