Updated Business-to-Business Credit Card Processing Fees

Video: Business-to-business credit card transactions incur higher processing fees. And recent updates are making this more expensive.

Every time your business accepts a credit card transaction, you pay a processing fee.

But did you know, business-to-business transactions incur a higher fee than business-to-consumer transactions.

This is due to a number of factors, including risk and the average transaction size associated with business credit cards.

Recently, Visa and Mastercard made some changes to the interchange fees associated with business credit cards.

Not only will these make many B2B transactions even more expensive, they also hinge on the cardholder’s spending patterns.

The more your client spends on their business credit card, the higher their cardholder rewards will be. And that means more fees for you, the merchant. 

The increase in B2B interchange fees is just one of many recent industry shifts.

The payments industry is constantly evolving, and it can be difficult to stay on top of new developments and updates.

Find more breaking news from the experts at Verisave here:

Verisave is a third-party cost-reduction firm specializing in merchant accounts and credit card processing fees.

Verisave is not a payment processor, and is not affiliated with any processors, card brands, or banks.

Verisave has more than 20 years of experience optimizing and monitoring the credit card processing industry.

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