It is no secret that a good percentage of merchants in our industry still mail out monthly invoices and get paid by check net 30/45/60. One of the things I try to do when I speak with these merchants is to help them understand the true costs associated with processing a check. This way they can make a better decision in deciding whether credit card processing, electronic billing or a different processing solution is right for them.
This story originally ran in Fuel Oil News. View the full article here.