What’s love got to do with it?

What’s love got to do with it?How to make peace with your payment processor, despite how you feel about fees

By now you’ve probably realized that, despite what your mother told you about love, it’s actually payment processors that make the world go ‘round. Certainly there are many aspects of your company that qualify as essential, but the ability to move money from your customer’s pocket to your business’ bank account quickly, efficiently, and safely is truly what makes your online retail business a business.How to make the most of your payment processor, despite how you feel about fees. @RobMcGrorty #Unify Click To Tweet

Given the complexity of the payment system and the important part it plays in your business, it’s no wonder there are so many different fees associated with a simple transfer of money. When you add up a year’s worth of sales, these fees can be alarming. Some of the most common payment processor charges retailers find themselves responsible for are the start-up or annual fee, monthly statement fee, discount rate, transaction fee, batch processing fee, minimum monthly fee, gateway fee, chargeback fee, address verification fees, and termination fees.   Continue reading