13 Things Every Dentist Should Know About Merchant Fees

February 21, 2025

Merchant fees can quietly eat away at your bottom line—but how much do you really know about what you’re paying and why? In this episode, we’re diving deep into merchant processing fees so you can take control and stop wasting money on unnecessary costs.

Here’s what we’re covering:

The two philosophies of merchant processing: convenience vs. cost
Interchange-plus, tiered, and flat-rate pricing—which one actually saves you money?
The hidden fees that show up on your statements (and how to avoid them)
Why insurance companies love sending virtual credit cards (hint: it’s not for your benefit)
The one quick calculation that will tell you if you’re overpaying (if you’re paying over 3%, you need to listen!)
How merchant processors slowly raise your rates over time—without you even noticing

If you haven’t looked at your credit card processing fees in years, there’s a good chance you’re overpaying. This episode is your insider’s guide to understanding merchant fees, spotting red flags, and making sure you’re getting the best deal possible. Let’s break it all down!

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