What Payment Processing Actually Costs, and Why Transparency Matters
Payment processing is one of those essential systems most practices rely on every day, yet few truly understand how it works or what it costs.
Statements can be confusing. Fees can feel vague. And many practices assume their rates are “just how it is.”
Let’s break it down.
What Payment Processing Actually Costs
Processing costs aren’t just a single rate. They’re made up of multiple components, including:
- Card network fees (Visa, Mastercard, etc.)
- Interchange fees set by issuing banks
- Processor markups and additional service fees
When these aren’t clearly explained, it’s hard to know what’s negotiable or what’s unnecessary.
Common Misconceptions About Processing Fees
- “All processors charge about the same.”
Not true. Pricing structures and transparency vary widely. - “Lower advertised rates mean lower costs.”
Introductory rates often don’t reflect real monthly statements. - “If it works, don’t touch it.”
Many practices overpay for years simply because nothing seems broken.
Why Transparency Matters
Transparent pricing allows practices to:
- Understand exactly what they’re paying for
- Spot unnecessary or duplicated fees
- Make informed decisions without surprises
- Build trust with a long-term payment partner
It’s not just about reducing costs, it’s about clarity, consistency, and confidence.
Learn More
If you want a deeper breakdown of how payment processing works and what to look for, we’ve put together a simple guide:
Payments 101: A clear look at payment processing for dental & medical practices