In the past decade, there’s been a notable growth in credit and debit card transactions worldwide. By 2021, 65% of Americans (about 168 million people) used credit cards. As a result, merchants today simply can’t afford not to accept credit card payments. The question is: which credit card payment solutions should you opt for? In this article, we’ll go over…
![Flat Rates vs. Interchange Plus Rates: Which Is Better for You?](https://monasolutions.com/wp-content/uploads/2024/03/Untitled-1200-x-900-px-9-760x428.png)
These days, being a good business owner requires a thorough understanding of credit card processing fees. If you’re not sure what’s the difference between flat rates and interchange plus rates, for example, there’s a decent chance you’re losing money on every transaction. Want to ensure you’ll maximize your savings on payment fees? Here’s what makes the above two pricing models…