Today's New York Times highlights the efforts of smaller merchants to reduce credit card processing fees. With processing fees being often the third- or fourth-largest expense for a small business, merchants are using various tactics: some have introduced split pricing (charging a lower price for cash) and others are encouraging customers to pay with PIN-based debit cards.
Business / Small Business
Seeking Ways to Cut Fees on Credit Cards
By JEFFREY SELINGO
Published: September 26, 2007