Skyrocket Profits with Low Merchant Rates Secrets Revealed
The Impact of Low Merchant Rates on Profitability
Reducing merchant rates can have a profound effect on a business's bottom line. For instance, a small business processing $500,000 annually in credit card transactions could save thousands of dollars each year by reducing their merchant rate by just a fraction of a percent. These savings can be reinvested into the business, used to lower prices for customers, or improve profit margins4.