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08/08/2023 9:53 pm
• Regulations surrounding surcharging and cash discounting have been relaxing
• Credit card processing fees are becoming a larger operating cost
• Fees continue to rise, payment processing costs are becoming prohibitively expensive, and credit card processors continue to raise their rates
• Merchants are looking for new ways to pass the processing costs on to their customers
• Uncertain times and the recent COVID pandemic has made cardholders more sympathetic to the costs merchants face
