Quick Credit Card Processing Costs Reflect On Customers Final Price

New research pinpoints just how much customers are being charged for using their debit and credit cards. While it may just cost businesses a few cents per processing transaction, the customers are said to be paying significantly more. As a customer the fees amount when purchasing airfare, hotel rooms, concert tickets, etc. The total price adds up with all the amounting fees. On some occasions, the fee charges can wind up almost doubling the initial price of the order.

When retailers were asked why such high fees, they blamed the cost of quick credit card processing services. While businesses are able to generate business with online commerce, they are forced to only accept debit and credit cards. This is convenient for both provider and shopper, but the costs are getting to ridiculous highs.