Client Solutions Group has published its November 2019 newsletter.
- Square increases fees; alternatives exist for small ticket merchants
- Introducing The Ark Shop
- Prepare for year-end W2s
Read it online at https://mailchi.mp/csgwny/november2019-newsletter-3701721
Merchants who use Square for credit card processing could benefit from an analysis of their credit card transaction fees.
In September, Square changed their pricing model and for the first time, added a transactional cost. The result was a significant increase on small transactions. Merchants who fall into the category of a small-ticket merchant saw their costs go up as much as 2.5%, or an effective rate over 5% per transaction.