At one point in time, getting setup to accept transactions electronically was a tedious and time-consuming process, a task that required more costs and resources than most businesses had at the time. In fact, if you ask most merchants that have an online store, setting up the internet processing account was a tough process, and the discount rate to accept credit cards was much more costly to the business. When you add the (high) discount rate, the added transaction (gateway) fees, the added monthly...
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