Credit Card Fees And What You Should Know About Them

Sep
2
2010

Are you preparing to accept payment for your professional services by credit card?  Before you decide which credit cards to accept in your private practice, check out Cracking the Code by Jennifer Gill.  In her post, Jennifer lists 8 Image of Purchasecommon credit card fees including skimming, debit cards (which are not always accepted), billbacks, and even hidden fees that you may incur and should be aware of when comparing costs.

Jennifer suggests that to determine what your merchant account is actually costing, you should divide your monthly credit card sales by the total merchant account fees.

Are you accepting credit cards in your practice?  Got any horror stories or tips to share?


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