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Consumers say they would shop online more – if transaction fees were scrapped

Consumers say they would shop online more – if transaction fees were scrapped
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Payment processing firms charge online businesses roughly 3% per transaction

In a time of unprecedented challenges for businesses, nearly half of online retailers say these hidden fees are too much

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Online businesses are calling out hidden transaction fees they encounter

Traditional payment processing firms are charging online retailers an average of three percent per transaction, a new report has revealed.

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Online businesses calling out hidden transaction fees

Online businesses calling out hidden transaction fees
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Online businesses are calling out the hidden transaction fees they encounter

A study of 500 businesses which sell on the web found they are being hit by fees from traditional payment processing firms for each transaction

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