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How to Save On Swipe Fee

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Although plastic money provides easy payment options to the customers, shopping on a daily basis, but they can be really tough on retailers. Whenever you pay with your credit card or debit card, the retailer will also have to pay a certain fee to the card company or the bank for the transaction. This is known as the Swipe Fee, because it is charged on every swipe of the card while credit or debit card processing on the card machine. However the cost of card processing does not affect big retailers or hoteliers cost of running their business, but it can severely affect the small business owners.

Small traders and shop owners cannot afford to have card processing due to added cost it brings with the convenience to the customers. This can affect the customer turn outs because all the consumers of the card companies use their plastic money to earn reward points and cash back and they do not visit those stores which do not have card processing.  With help of the retailer revenue options of CNG business solutions you can have easy and affordable card processing. If you want to have sim calling cards and card processing terminal for your business then visit cngbs.com.

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steve cooper

Saved by steve cooper

on Dec 17, 12