How to Save on Credit Card Processing Fees at the Pump – A breakdown of fees and practical strategies for gas station owners
Understanding the Fees Before you can reduce them, it’s important to understand where processing fees come from. When a customer pays with a credit card at the pump, several parties take a cut: Fee Type Who Collects It Typical Range Interchange Fee Card-issuing bank (e.g. Chase) 1.30% – 2.50% Assessment Fee Card network (Visa/Mastercard) 0.11% […]
Preparing Your Business for Supply Chain Disruptions
This year is especially vital for business owners to prepare for supply chain interruptions. The reason is a large number of potential and already implemented tariffs that might impact logistics and expenses. Proprietors should have a Plan B, C and D for keeping business flowing should it become difficult to obtain anything from baking ingredients […]
