How E-commerce Credit Card Processing Fees Can Affect a Business

Running an online business can seem straightforward compared to other business options. Many overhead fees can be avoided, and it may not even be necessary to maintain a physical space for your business.

With merchant accounts online to process credit card payments, there are still important considerations. Charging customers e-commerce credit card processing fees can hinder a business’s growth. Although they are legal in many places, customers can find them annoying. In a competitive market, not charging customers extra surcharges to use a credit card can help a business grow when customers can know that they don’t have to account for additional fees.

Online merchant accounts provide credit card processing securely and quickly without having to charge credit card fees to customers. This secure and fast processing can also help establish your business’s reputation as reliable. Customers can be more likely to come back when they trust that their credit card payments will be processed quickly and securely with no extra surcharges.

Grow Your Business

Having a way to cover e-commerce credit card processing fees can help give a business a competitive edge. When customers know that they do not have to pay extra fees when they use a credit card online, they may be more likely to come back. Customers appreciate not having to pay extra for paying using the method they prefer.

Online merchant accounts use an integrated payment system that can help a business grow in different ways. If an online business decides to open a physical location and process payments in new ways, those payments can be processed safely and quickly using the same merchant account.

A business’s goals can change as it grows. Something as small as managing e-commerce credit card processing fees can help give your business an edge that can help it grow. And when your business does grow and starts accepting credit cards in different ways and online merchant accounts enable businesses to continue to process payments.

Processing Payments

Refraining from charging customers e-commerce credit card processing fees doesn’t have to mean sacrificing quality processing. With the right merchant account provider, online merchant accounts can complete credit card processing with very low costs, so that businesses can pass the savings along to customers. It can also help businesses build trust with customers that can encourage business growth. 

This processing happens securely for all payments no matter how they are made to keep customer information safe with every payment, providing savings you can pass on to customers. The more that customers purchase products or services from your business, the more they can grow to understand your business is reliable in many ways.

Summary

Charging customers e-commerce credit card processing fees can hinder business growth in a competitive market. With the right merchant account provider, using online merchant accounts can eliminate the need to charge credit card surcharges to customers while processing payments quickly and securely. This can help a business grow as customers grow to understand that your business is reliable.

To find out more about e-commerce credit card processing fees or to sign up for a merchant account, you can visit Charge.com or call (888)924-2743. No matter what you sell or how you sell it, Charge.com can help your business grow and succeed.