Thursday, April 29, 2010

making sense of credit card-processing costs

For some time, merchants have been discussing one of their most confusing operating challenges: making sense of credit card-processing costs. So the National Restaurant Association unveiled a tool to help you decipher your card-processing statements.

They want you to have a clearer picture of what you’re paying and to whom. The new card-processing calculator is easy to use and can help you determine the real rates you pay. Then you can more accurately assess your expenses and begin to control your costs.

To get started, visit www.knowyourcardrates.com. You’ll need to enter four key pieces of information from your most recent card-processing statement. The tool will walk you through sample statements so you can quickly identify the information you need.

Please check it out.

 

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