Why Are Card Payments So Expensive
Why Are Card Payments So Expensive?
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Published 12/2024
MP4 | Video: h264, 1920x1080 | Audio: AAC, 44.1 KHz
Language: English | Size: 475.47 MB | Duration: 1h 3m
by Viktoria Soltesz
What you'll learn
Learn about card processing network
Visa
Mastercard
Card processing fees
Requirements
No pre-knowledge needed
Description
Join Viktoria Soltesz for an in-depth webinar on "Why Are Card Payments So Expensive?", where she will uncover the reasons behind high payment processing costs that businesses face every day. Many companies struggle to understand why card payments seem to drain significant portions of their revenue, often accepting high fees as unavoidable. In this session, Viktoria will explain how card payment fees are structured, including interchange fees, acquiring bank charges, and additional hidden costs like chargebacks, currency conversion, and cross-border transaction fees.You'll learn what drives these fees, how payment providers set their pricing models, and why certain businesses are considered high-risk, leading to even higher charges. Viktoria will also share strategies for reducing payment expenses by improving banking relationships, negotiating better terms with providers, and optimizing payment flows to ensure smoother, more cost-effective transactions.With her extensive experience in banking, payments, and financial compliance, Viktoria will provide real-world examples and actionable tips on how businesses can gain more control over their payment expenses, boost profitability, and avoid common pitfalls. Whether you are running an eCommerce business, a startup, or a large enterprise, this webinar will equip you with the knowledge needed to reduce costs, manage risks, and build a more efficient payment strategy. Don't miss this opportunity to learn from a recognised expert in the field.
Overview
Section 1: Introduction
Lecture 1 Introduction
Lecture 2 Main card networks
Lecture 3 Expressions
Lecture 4 Payment Service Provider
Lecture 5 Summary
Entrepreneurs,Payment specialists,Business owners
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