Save With Cost Plus Billing

Credit card processing fees are a significant expense for most companies, but cost plus billing can reduce your cost, which reflects on your bottom line. The savings on each individual transaction may only be a few pennies, but if you process many transactions through an e payment gateway, those pennies quickly add up. Blended rate credit card processing is the most straightforward billing setup, but it may be costing you more in credit card processing than necessary.

Just how much a business spends on credit card gateway service depends on a variety of factors, but cost plus billing can offer many businesses substantial savings. Cost plus billing is sometimes referred to as interchange plus billing. In this billing structure, the type of transaction affects the fee. The only cost is a required interchange fee and sometimes just a little more. The fee structure is completely open and transparent, so you can see just how much you’re saving. If you process a lot of small transactions, your savings could be huge.

To learn more about the advantages of cost plus billing, visit the in-depth article at PayVisors, the business consulting that specializes in helping companies save on credit card processing payment software and so much more. Also, there is a publication at #UniPayGateway which will be helpful to you.