TRANSACTION THROUGHPUT

Fees for processing electronic payments continue to take a big bite out of profits, but retailers need to offer customers a wide array of payment options to remain competitive. The ongoing challenge, retailers tell SN, is to keep the fees as low as possible as the number of credit, debit and electronic benefits transfer transactions continues to climb.In reaction to rising processing fees, many retailers

Fees for processing electronic payments continue to take a big bite out of profits, but retailers need to offer customers a wide array of payment options to remain competitive. The ongoing challenge, retailers tell SN, is to keep the fees as low as possible as the number of credit, debit and electronic benefits transfer transactions continues to climb.

In reaction to rising processing fees, many retailers are working through wholesalers and other organizations to negotiate lower rates

Register to view the full article