It is no secret that a good percentage of merchants in our industry still mail out monthly invoices and get paid by check net 30/45/60. One of the things I try to do when I speak with these merchants is to help them understand the true costs associated with processing a check. This way they can make a better decision in deciding whether credit card processing, electronic billing or a different processing solution is right for them. Do you know how much you pay per check? Consider the following.
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