A NOTE ABOUT ACCEPTING CREDIT CARD PAYMENTS
In order to accept credit cards as a form of payment, most businesses will need to sign up with a merchant services provider. These MSPs act as middlemen between the merchant and the credit issuer. For a fee, they are the ones that handle processing of all credit card payments for your business - everything from collecting interchange fees to managing the transfer of funds between the merchant's bank and the credit issuing bank.
When shopping around for MSPs, sometimes referred to as acquirers, you will want to collect as many price quotes as possible. Below we detail the major costs that influence the price you get quoted, and tell you which ones you have power to negotiate.