The Bank of Canada estimates one third of small and medium-sized businesses boycott credit cards due to high transaction fees. Merchants’ fees, typically 1 to 3 percent, are not federally regulated: “It adds up fast.”
The Bank of Canada estimates one third of small and medium-sized businesses boycott credit cards due to high transaction fees. Merchants’ fees, typically 1 to 3 percent, are not federally regulated: “It adds up fast.”