Your Brewery Is Overpaying for Credit Card Processing episode artwork

EPISODE · May 19, 2025 · 33 MIN

Your Brewery Is Overpaying for Credit Card Processing

from Craft Brewery Financial Training Podcast · host Craft Brewery Financial Training Podcast

Credit card processing fees can eat away at your brewery's profits, but expert Patrick MacLellan from Merchant Cost Consulting shows how you can save an average of 20% on these costs without changing your current processor or disrupting operations.Summary• 3 main fee components: interchange charges from card brands, processor markups, and miscellaneous fees• Why most businesses are overpaying – processing statements are deliberately confusing and contracts often allow price changes without notice• How processors typically adjust pricing three times per year, slowly increasing your costs• The truth about POS systems that bundle processing with their software solutions• How to identify bogus fees like non-PCI compliance charges that can be eliminated• Pros and cons of customer surcharges and how to implement them legally• Contract considerations including early termination fees and auto-renewalsVisit merchantcostconsulting.com to learn more or request a free statement analysis to see potential savings.Sign up for the FREE brewery financial training newsletter.Ready to transform financial results in your beer business? Learn more about the Beer Business Finance Association, a network of owners and managers working together to build more profitable companies. 

Credit card processing fees can eat away at your brewery's profits, but expert Patrick MacLellan from Merchant Cost Consulting shows how you can save an average of 20% on these costs without changing your current processor or disrupting operations. Summary • 3 main fee components: interchange charges from card brands, processor markups, and miscellaneous fees • Why most businesses are overpaying – processing statements are deliberately confusing and contracts often allow price changes witho...

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Your Brewery Is Overpaying for Credit Card Processing

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How long is this episode of Craft Brewery Financial Training Podcast?

This episode is 33 minutes long.

When was this Craft Brewery Financial Training Podcast episode published?

This episode was published on May 19, 2025.

What is this episode about?

Credit card processing fees can eat away at your brewery's profits, but expert Patrick MacLellan from Merchant Cost Consulting shows how you can save an average of 20% on these costs without changing your current processor or disrupting...

Is there a transcript available for this episode?

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