5 ways merchants are fighting card-swipe fees at the point of sale

Merchants fed up with high processing costs are trying numerous strategies to avoid and offset fees. American Banker highlights five of these tactics, interviewing our own Eric Cohen on the rising popularity of surcharging. His advice: “It’s better for merchants to renegotiate card-processing fees with their processor than to add a surcharge or a discount — especially if you’re a restaurant because it’s more likely to drive business away. Customers don’t like getting hit by surcharges.”

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