Reducing your payment processing fees can have a significant impact on your bottom line. One of the most effective strategies is to negotiate your rates once you reach a certain volume.

Both Stripe and PayPal offer custom pricing for businesses processing more than $100,000 per month. Additionally, minimizing chargebacks and disputes can save you the $15-$20 fees associated with each one.

Choosing the right provider for your specific transaction size is also key. For very small transactions, providers with lower fixed fees might be more beneficial.