Unethical Billing: Part 2 - These 6 Unnecessary Fees Are Hurting Your Bottom Line
Some Merchant Account Providers take advantage of their customers and charge unnecessary fees. In part two of this series, we will identify six unwarranted fees your provider may be charging you.
Payment Card Industry (PCI) Compliance Fee
Providers use this fee as a revenue stream if your business is categorized as non-compliant. This fee can be imposed yearly, monthly or both, depending on your provider. It does not serve a purpose beyond reminding you that your provider has no verification of your business's compliance. Fair providers guide businesses to take the necessary steps to be compliant, rather than penalize them.
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