or the Cost of Accepting Cards
Level Pricing
In case you didn’t know- every credit card processor pays the same price to Visa and MasterCard. It is called Interchange, and it is public knowledge. What does that mean to you? It means that national companies do not have a competitive advantage in the area of price. Thrive, as a local business, has low overhead. Thus, giving you lower prices, without sacrificing in customer service. There are many people in business today who do not have the foggiest idea about what or why they are charged for accepting cards. If you fit into that category or are just new to business, the answers to your questions are here.
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