With traditional credit card processing, businesses typically pay a percentage fee for each transaction processed.
This fee covers the costs associated with card processing and helps maintain the payment infrastructure.
While it provides convenience to customers, it can impact profit margins for businesses, especially with high transaction volumes.
Zero-fee processing is an innovative alternative that shifts the processing costs from the business to the customers.
Instead of paying transaction fees, customers can cover the cost through a small service fee.nThis approach allows businesses to enjoy lower processing costs and potentially increase their profit margins.
It's a unique solution that can be advantageous for businesses looking to optimize their financial operations.