Is processing debit cards cheaper than credit cards?

Understanding why are debit card rates cheaper than credit card rates, will lead to the fact that no such legislation has been proposed to reduce credit card interchange rates. So credit card companies have put on a big push to encourage their cardholders to process their debit card like a credit card transaction. read more

While choosing debit is often a good choice, businesses with low transaction amounts may find that debit card fees add up to more than credit card fees. To choose which payment type is in your business’s best interest, a detailed processing/transaction analysis must be completed. read more