Swipe fees exceed the operating profit earned by most convenience stores and fuel retailers—and those fees are increasing faster than inflation.

Join NACS on Wednesday, April 23 at 2 p.m. EDT to learn how to reduce your swipe fees while driving additional customer spend and loyalty. During the webinar, “Steering Away from Swipe Fees: Non-Card Payment Methods That Reduce Your Processing Costs,” NACS will provide strategies for operators seeking to reduce swipe fees and payment processing costs by using any of several techniques including digital wallets and customer loyalty programs.

NACS will also offer an in-depth discussion of Pay-By-Bank as a payment method, which can steer volume away from credit cards and onto direct payments from customer bank accounts, with numerous options to reward customers for using Pay-By-Bank rather than cards.

Speakers for the webinar include Lou Morsberger, founder and CEO of Payments Strategy Consulting, LLC, advising merchants on payments strategies; and Michael Hershfield, founder and CEO of Accrue Savings, specializing in helping merchants save money through fast and easy Pay-By-Bank implementation.

Register for the webinar here.

NACS has long advocated for fairness and a competitive marketplace for payments in the United States. NACS supports the Credit Card Competition Act, which would bring competition to credit cards through market-based reforms.

NACS members are encouraged to reach out to their members of Congress and ask them to support the Credit Card Competition Act.

Read more in “The Cost of Swipe Fees” in the September 2024 issue of NACS Magazine.