Credit Card Hidden Costs and Merchant Charges
Merchants are charged for accepting credit cards for transactions. The credit card company charges a commission fee of around 2% of the value of the transaction for processing the charge. In addition, merchants may also pay other transactions fees or rental fees for the POS terminal used to read the credit card. While these fees may seem hidden to … Keep Reading → the credit card user, they may actually appear factored into the cost of goods and merchandise. Read more about the hidden costs to merchants for credit cards in this Hub.


















































