Payment processing is one of the most essential and often underestimated operational costs for businesses. Whether you’re a local startup or a national brand, understanding and managing these expenses can directly impact your profitability.
In this guide, we break down the typical costs associated with credit card processing and show how Pure Finance offers a smarter, more cost-effective solution for handling business payments.
What Are the Common Costs of Payment Processing?
If your business accepts debit, credit, or e-check payments, you are likely paying more than you need to. Here’s a breakdown of the most common payment processing fees:
1. Transaction Fees
Most processors charge a fee per transaction, usually a percentage of the sale plus a flat rate. For example:
-
Credit card fees typically range from 1.5 percent to 3.5 percent of each transaction
-
Flat fees are usually between 10 to 30 cents per transaction
2. Monthly Account Fees
Payment processors often charge between $10 and $50 per month for access to the platform, customer service, and reporting tools.
3. Setup and Activation Fees
Some providers charge a one-time onboarding fee, which can range from $100 to several hundred dollars depending on the provider and setup complexity.
4. Hidden and Add-On Charges
Additional costs may include:
-
Chargeback fees
-
International transaction fees
-
Premium features like detailed analytics or recurring billing support
Why Choose Pure Finance for Payment Processing?
Pure Finance helps businesses reduce payment processing costs by 20 to 40 percent on average, while offering secure, scalable, and user-friendly solutions.
Lower Fees
Pure Finance negotiates competitive rates and uses advanced technology to reduce costs. This allows your business to keep more revenue from each sale.
Transparent Pricing
There are no hidden charges or complicated fee structures. You get one clear, easy-to-understand pricing model so you can forecast and manage expenses with confidence.
No Setup Fees
Pure Finance does not charge onboarding or activation fees. You can get started without an upfront investment or long-term commitment.
Tailored Payment Solutions
Whether you accept payments in-person, online, or on mobile, Pure Finance creates a custom solution that integrates with your existing systems and meets your customer needs.
Built-in Security
Pure Finance provides PCI-compliant infrastructure, real-time fraud detection, and encryption protocols to help you protect your business and customer data.
Live, Reliable Customer Support
You get access to U.S.-based, responsive support to help troubleshoot issues, answer questions, and ensure your payment systems are running smoothly.
Real-World Savings Example
A business processing $50,000 per month may pay $1,500 in traditional processing fees. If Pure Finance brings that down to $1,000, you save $6,000 annually. Larger businesses could see even greater savings and stronger profitability.
Final Thoughts
Managing payment processing fees is essential to your bottom line. Pure Finance gives you the tools, pricing, and support to reduce costs without sacrificing performance or security.
If you’re looking to improve efficiency and increase profits, consider making the switch.
Learn how much you could save by visiting Pure Finance Payment Solutions.