Why do payment processors meddle with their business partners?
What are the disadvantages of payment gateway?
Cons or Disadvantages of payment gateway:
- Fixed fee per month.
- Percentage fee per amount spent.
- Fixed fee per transaction.
- The user bank or the gateway bank will charge a merchant fee for allowing credit purchases. This ranges from 1-5% or more.
What are the top challenges you have with payments?
Top 5 Payment Processing Challenges for Small Businesses
- Fraud Protection.
- Payment Integration.
- Omni-Channel Payments.
- Processing Fees.
- Payment Support.