My business does about 80% credit card transactions. Due to safety measures, restrictions, social distancing, etc.. we have shut down our lobby and are now taking credit card transactions over the phone, with the number manually inputted.
Our processing charges went up a significant amount last month, close to 20%. It's a tough pill to swallow when business is down as well. I get it, manually entering credit card info increases the risk of fraud and credit card processing liabilities. Doesn't mean I like it.
Have others experienced this or worked around some solutions?
Our processing charges went up a significant amount last month, close to 20%. It's a tough pill to swallow when business is down as well. I get it, manually entering credit card info increases the risk of fraud and credit card processing liabilities. Doesn't mean I like it.
Have others experienced this or worked around some solutions?