Understanding how these two fees are charged to all your merchant account gives basically tremendous advantage when negotiating, because greater you understand the fees, quicker you’ll be at recognizing when processors use “sleight of hand” to manipulate how your account is paying.
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Merchants that process atm cards whether signature debit or pin debit will see huge savings on their merchant account processing statements in long term. Debit, both pin and signature, comprise nearly 50 to 70 percent off all card transactions. Merchants could see their credit card processing charges cut in half. That equals real savings.
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