Read the gas prices carefully. If card fees are burning "Big Oil's" profits, then what are they doing to yours? Maybe it's only fifteen or twenty cents per transaction, but card fees of 1-2 % add up quickly to erode your profits. Small merchants pay more than their fair share of card fees which cost American merchants more than $65 billion a year. (Nilson 2013 Report), worldwide the all in annual cost of accepting credit cards is an astounding $500 billion ( Boston Consulting Group).
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