Credit card transaction cost is increasing due to “Rewards Cards and points earned”. Your customer can take advantage of your best sales price by paying in “cash”. If your customer decides to pay by credit card, they are charged 3.99% for the transaction when the credit card is processed. (3.99% for $50.00 purchase is only $1.99)
If you accept business, commercial or corporate credit cards, you can improve your profits by 1% to 1.5 % on processing fees by using Level 2-3 processing.