1. Know your Business Type Visa/Mastercard use pricing indicators or business types to apply discounts toyour rates. In the beginning, Visa/Mastercard used to charge one rate for everyindustry. Some industries refused to accept credit cards because they thoughtthe rates were to high and cut into too much profit margin. Supermarkets wereone of the biggest holdouts. more »
Tag: Free Credit Card Machines
No longer are the days that credit card terminals cost a lot to purchase or lease. Many merchant service processors hawk free credit card machines.