Learn what credit card processing fees are, the different types and what you can expect to pay for them, plus a few strategies to minimize their impact.

This week, the question of who pays credit-card processing fees became a hot topic as a widely circulated social media post.

To ensure that card processing is running smoothly, departments should, at a minimum, reconcile their credit card activity every month, but are encouraged to reconcile every 2 weeks.

Credit card processing fees can be broken down into three main components.