Over the last several weeks we’ve been discussing the common pitfalls of discount pricing models and what it means if you’ve entered into this type of arrangement with your payment processor. Let’s take this Friday to recap what’s been discussed.
Common Pitfalls of Discount Pricing
Understanding your merchant statement or payment processing report can be challenging. There is no standard for presenting the variety of potential fees that can be levied upon merchants. To simplify the structure many processors advertise a bundled rate where all applicable fees are rolled-up into a single percentage rate – referred to as a discount … Read More
