{"id":199,"date":"2018-01-13T08:33:39","date_gmt":"2018-01-13T08:33:39","guid":{"rendered":"http:\/\/www.radiantpay.com\/blog\/?p=199"},"modified":"2024-10-25T17:47:55","modified_gmt":"2024-10-25T12:17:55","slug":"are-you-ignoring-your-payment-processing-fees","status":"publish","type":"post","link":"https:\/\/www.radiantpay.com\/blog\/are-you-ignoring-your-payment-processing-fees\/","title":{"rendered":"Are You Ignoring Your Payment Processing Fees?"},"content":{"rendered":"<p><a href=\"https:\/\/www.radiantpay.com\/blog\/wp-content\/uploads\/2018\/01\/card-processing-fees-radiantpay.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-200\" src=\"https:\/\/www.radiantpay.com\/blog\/wp-content\/uploads\/2018\/01\/card-processing-fees-radiantpay.jpg\" alt=\"card processing fees radiantpay\" width=\"1208\" height=\"631\" \/><\/a>Any merchant or online seller is well aware of the payment processing cost that he has to bear in order to accept credit card payments from customers and buyers. Typically any credit card processing fee snatches away almost 2% of the total sales value of the merchant. This fee often differs from one credit card Company to another. For a merchant who is selling products with limited profit margins, giving away 2% of the sales value can prove to be costly. While there are a lot of ways to tackle this menace of payment processing fees, a lot of merchants are still oblivious to the payment processing amount of money that they end up shelling out to the credit card companies.<\/p>\n<p>&nbsp;<\/p>\n<p>If you\u2019re one such merchant who\u2019s successfully running an online store, or even just running a regular store that accepts credit cards for payments, you need to understand and be aware of the number of funds you\u2019re giving away annually towards payment processing fees. Once you realize and are made aware of the amount of your hard earned money that is being given away to credit card companies, you will probably want to do everything in your power to reduce the payment processing costs that you\u2019re paying.<\/p>\n<p>&nbsp;<\/p>\n<p>One thing that is recommended to every merchant who <a href=\"http:\/\/www.radiantpay.com\/creditcard.html\">accepts debit and credit cards as payment<\/a> is that he should keep a proper record of all the processing costs that he ends up paying. Don\u2019t just go about paying payment process costs blindly without getting educated on the matter. There are countless ways that one can actually tackle and reduce the payment process costs that they are paying. Find credit card companies that charge lower payment processing fees. Always keep in mind that the profit you make from your sales is your hard earned money and you should do everything you possibly can in saving a large chunk of it.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Any merchant or online seller is well aware of the payment processing cost that he has to bear in order to accept credit card payments from customers and buyers. Typically any credit card processing fee snatches away almost 2% of the total sales value of the merchant. This fee often differs from one credit card [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[61,127,155,171,181,318,400,464],"class_list":["post-199","post","type-post","status-publish","format-standard","hentry","category-credit-card-processing","tag-accept-online-payments","tag-card-processing-fees","tag-cost-effective-payment-processing-fees","tag-credit-card-processing-services","tag-creditcard-processing-services-in-london","tag-how-to-calculate-payment-processing-fees","tag-merchant-card-processing","tag-online-credit-card-processing-solutions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Are You Ignoring Your Payment Processing Fees? - Welcome to Radiant Pay<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.radiantpay.com\/blog\/are-you-ignoring-your-payment-processing-fees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are You Ignoring Your Payment Processing Fees? - Welcome to Radiant Pay\" \/>\n<meta property=\"og:description\" content=\"Any merchant or online seller is well aware of the payment processing cost that he has to bear in order to accept credit card payments from customers and buyers. 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