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calculating processing fees can be a daunting task but itamp;#39;s essential for any business that accepts payments processing fees can docHubly impact your bottom line so itamp;#39;s important to avoid common pitfalls that can lead to overpaying or making mistakes in this video weamp;#39;ll discuss some of the most common pitfalls to avoid when calculating processing fees one of the most common pitfalls when calculating processing fees is not understanding interchange fees interchange fees fees are fees that are charged by the card networks such as visa and MasterCard to The Merchants Bank for each transaction interchange fees are a major component of processing fees so itamp;#39;s important to factor them in when calculating your fees consider negotiating with the payment processor to minimize the charges incurred another common Pitfall is not negotiating with payment processes payment processes can offer a variety of fee structures so itamp;#39;s important to compare multi
