Rewards cards cost more to accept because the perks are built into the fees. Cash back, points, and travel rewards are funded through higher interchange rates set by the card brands. That cost does not disappear. It gets passed to the merchant. The more generous the rewards, the higher the interchange on that transaction. From the customer’s side, rewards feel free. From the merchant’s side, they increase processing costs. That is why premium and rewards cards usually come with higher fees. #Pay

Flat-rate pricing is one of the most common pricing models, especially for startups and newer businesses. Rates are simplified and usually broken into swiped, keyed-in, and e-commerce transactions. That simplicity makes statements easy to read and predictable. Flat-rate pricing can be a good fit for low-volume businesses that want clarity with minimal complexity. The tradeoff is that as a business grows, those flat rates often include padding to cover higher-cost cards. The statement stays simpl