For many small businesses, accepting debit and credit cards is a necessity. In 2022, 44% of Americans used cash for some purchases, but 41% went cashless during a typical week, according to Pew ...
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Construction firms should choose ISO/MSP processors for large, varied payments and mobile POS systems to accept credit cards in the field and online.
Accepting credit cards requires a payment processor like Square or Stripe, a merchant account, and hardware like POS terminals. Fees range from 1.5% to 4%.
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Credit card processing costs typically range from 1.5% to 3.5%, but processor markups can inflate costs. Using interchange-plus pricing can give you more insight than a flat-rate plan. Compare quotes, ...
In recent decades, it has become more common to rely on electronic methods for payment. Paying with cash is a rarity and is usually seen as an inconvenience. Therefore, trying to avoid processing ...