As a consumer you, and I, don't give it much thought when we swipe a credit or debit card. But, the merchant who is getting paid by us also pays processing fees that vary according to what type of transaction it is. And there all sorts of variables like if they key in zip codes and more really quirky aspects of processing payments. Meet Steve Casteel the founder of Payteva an independent credit and debit card processing company that helps businesses cut costs while educating them on best practices. We learned something...perhaps you will too.
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