Yesterday I talked about starting a blog. Blogging is a great way to create a space to talk about your passions and hobbies but there is a genuine chance for it to become a business and of course there are other business models that can be pursued online. This includes promoting a service you provide or selling items via an eCommerce site. At some point you may have to start taking payments and when it comes to taking those payments there are costs and details involved.
Today’s guest post supplied by Shopify looks at what costs should be considered when accepting payments via credit cards.
Costs to Consider When Accepting Credit Cards
Many merchants fail to consider the costs of accepting a credit card as a form of payment. These costs accrue quickly, and may require you to raise the prices of your goods or services. If you are in this position, it is important to educate yourself on some of the costs that are associated with credit cards.