BluePay Blog

Roughly 80 percent of American shoppers cite plastic as their preferred payment method. The simple act of hanging credit card logos on your store window or embedding them on your website can help attract more traffic. It’s clear that accepting credit cards can be a great way to boost sales. However, credit card acceptance carries a number of merchant fees. Paid entirely by you (the retailer), these charges are designed to cover payment processing costs such as: 

Topics: Small Business Tips, Getting Started with Payments, Merchant Accounts

When you launch a new business, you can usually get away with accepting cash and checks. You might even consider accepting PayPal or Apple Pay if you sell products and services online. 

Topics: Getting Started with Payments, Merchant Accounts, Awareness

Choosing a merchant processor for your business isn't easy. There are so many providers out there that it’s sometimes hard to know exactly where to start.  Many businesses focus on fees, which makes sense. Since each transaction costs money, it's only natural that you’d try to reduce processing fees as much as possible. However, merchant fees don't simply vary across providers. They also change depending on the size and nature of your business. For example, larger companies often qualify for lower fees than do smaller ones.

Topics: Getting Started with Payments, Merchant Accounts, Awareness

Credit Card Interchange Fees Explained The interchange fee is what your Any merchant that begins accepting credit cards can expect to pay a range of processing-related charges. For most businesses, however, the wholesale or “interchange fee” represents the lion’s share of those expenses.

Topics: Merchant Accounts