Why Your B2B Payments Are Failing — And How to Automate for Growth
Brennon Dunbar
April 7, 2025
How Much Are You Really Paying in Payment Processing Fees? (And How to Fix It)
Hidden fees are killing your margins. Here’s how to uncover them and negotiate better payment processing rates.
Let’s be real: Most businesses don’t actually know what they’re paying in processing fees. That 2.9% flat rate? It’s often hiding surcharges, markups, and penalties you never agreed to.
What to Look For:
- Non-qualified transaction fees
- PCI compliance penalties
- Monthly minimums and statement fees
How to Audit:
- Request a line-item breakdown of your processing statement.
- Look for inconsistencies in effective rate month-to-month.
- Ask your provider to justify each line item.
Pro Tip: Don’t just chase the lowest rate. Optimize based on transaction types, industry, and volume.
