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    Why Are Card Payments So Expensive?

    Posted By: ELK1nG
    Why Are Card Payments So Expensive?

    Why Are Card Payments So Expensive?
    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