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How to Save on High Credit Card Processing Fees

from CCA

Credit card processing fees are high and hurt small business owners. The Canadian Federation of Independent Business (CFIB) is a key CCA partner and continues to lobby on your behalf. You can read more on the proposed amendments to the Code of Conduct for the Credit and Debit Card Industry in Canada here.

“Educate your customers about the problem. Most consumers don't give much thought to credit card transaction fees and are not aware that some credit cards cost much more per transaction than others. Ask your customers to consider paying by cash or debit instead and let them know about the problem with premium credit cards and higher transaction fees.” The Balance writes.

CFIB has created signage that promotes use of debit instead of credit. Click here to order your free co-branded materials for your wash.

If you’re a CCA member who has benefitted from this service, we’d love to hear from you! Email us or call us at 416-239-0339 to share your story. more

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