Finding your effective rate is the first step. First, get your credit card statement. Then divide the total processing fee by the percentage of monthly sales paid by credit cards. The outcome is your effective rate. Calculate Credit Processing: Mistakes Need To Avoid Many people don’t think about the cost of credit card processing. It’s one thing to know that you’ll need a merchant account and an...
source https://www.bngpayments.net/blog/how-to-calculate-total-credit-card-processing-fees/
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