The merchant calculates the additional cost associated with credit card processing fees.
This additional cost is then added to the base price of the product or service to determine the card price.
The customer chooses their preferred payment method and pays the corresponding price.
By encouraging cash payments, merchants can significantly reduce their credit card processing costs.
The difference between the cash and card prices can contribute to higher profit margins.
Customers can clearly see the impact of credit card fees on the final price.
Copyright 2025. Merchant Nations Association. All Rights Reserved.