While paperwork is easier with a cc, and the ~1.75% charge that processor's apply is valuable, there are additional risks that follow cc processing. Fraud. Whi

While paperwork is easier with a cc, and the ~1.75% charge that processor's apply is valuable, there are additional risks that follow cc processing. Fraud. While you may have an individual pay for $10-$500 in goods with counterfeit currency(rare), you'll definitely encounter $10-$5000 purchases with stolen card numbers. This means you not only lose the sale income, but you get charged a fee because there was a filing against you (charge-back). Depending on your line of business, this can be as high as %0.66. https://www.ns8.com/en/solutions/case-studies/industry-report-chargebacks/ https://www.ns8.com/en/solutions/case-studies/industry-repor...