What retailers should know about accepting payment cards

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These days, almost all retailers accept credit cards for payment — regardless of the high cost of acceptance. Depending on how you choose to accept credit cards, fees can be quite large as a percentage of the cost of the good or service. These fees add up quickly. Visa, Mastercard, American Express, and Discover are the only games in town. Visa and Mastercard, which are networks of thousands of banks, operate on a take-it-or leave it basis. The banks that issue Visa and Mastercard cards…
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What retailers should know about accepting payment cards

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