NOW is the perfect time to find ways to lower operating expenses for your business. The best place to begin is by checking your credit/debit card processing fees, also known as Swipe Fees. These fees can account for as much as 1/3 of the overall operating expenses for a business.
Preventing Payment Fraud
Payment fraud is a real issue for small business owners. Did you know that in 2021 the estimated loss in revenue due to fraud was $5.9 billion? Even with new security measures in place, fraud is still a serious issue for businesses that accept credit cards. Why? Because cyber criminals are always adapting. Your best defense? A good offense. Being proactive helps protect your business against criminal activity.