Big Savings💰 for Medical Practices: How to Minimize Credit Card Processing Fees

Dr. Lin from Sunrise Urology in Gilbert Arizona discusses credit card merchant processing fees, surcharging, and cash discount in this livestream to The Thriving Urology Practice Facebook Group.
/ thrivingpractice
Also discussed interchange fees, assessment fee, and processing fees, as well as which ones are negotiable. Card payment network and how gas stations play into this situation were also mentioned. The use of debit cards vs. credit cards also were discussed. VISA, MasterCard, American Express, and Discover card usage / acceptance also mentioned. How surcharging shifts costs to debit card transaction fees and impact to medical practices and businesses.
Dr. Lin also discusses the criteria he currently desires when entertaining surcharging partner / processor for a medical practice.
VISA's guidance on credit card surcharging.
usa.visa.com/....
Average credit card merchant processing charges:
www.fool.com/t...
Sunrise Urology:
www.SunriseUrol...
#Surcharging #CreditCards #Urology

[@romaroma3877]

Hello doc, where’s the next video to this series? Thank you for the information, really helpful.