Credit Card Processing Rates
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Discount Credit Rate:
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1.65%
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Discount Debit Rate:
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1.18%
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Monthly Statement Fee:
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$7.00
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Authorization Fee:
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$0.20
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Setup Fee:
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$0.00
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Programming Fee:
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$0.00
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Application Fee:
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$0.00
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Customer Service Fee:
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$0.00
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Annual Fee:
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$0.00
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Brief Overview of Benefits
Coffee shop credit card processing is a good way to keep the flow of business going and even make it faster and more efficient. Coffee shops can have high foot traffic and when an employee simply has to swipe a card through a credit card machine rather than count the exact cash he/she gives and/or receives; it makes this process much faster. This process is also much more efficient. If the employee miscounts cash, this can be a problem. An employee will never miscount cash when processing a credit card guaranteeing that a register will never be short. Credit card processing will make it much easier for a customer to purchase more coffee, too. If the customer decides he/she wants more coffee, he/she can charge the card. If the customer does not have any more cash in his/her wallet, no more coffee will be purchased. Credit card processing will expand and better the business.
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