Credit card processing fees can be a bit of a mystery for small business owners. It’s challenging to navigate the jargon and understand what you’re paying for. The average fees for credit card processing depend on several factors, such as the size, nature of the business, and the volume of transactions. The fees typically range from 1.5% to 3.5% of the transaction value, but there may be additional charges such as monthly service fees, statement fees, and chargeback fees. It’s always a good idea to shop around and compare rates from different processors, as they vary widely. Ultimately, finding the right processor can save you money and streamline your payment process.