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Tag Archives: Level-3 and data

Why Government Contractors Overpay on Transaction Fees

Most government contractors are paying too much for their credit card transactions. This might seem strange, since contractors today are grappling with a tough federal budget climate that threatens to hurt their profit margins. Yet many don’t take simple steps to become more efficient on the financial backend.

How does this happen? In my view there are three main reasons.

First, many local banks don’t specialize in processing technology. They are not equipped to give the best counsel in this area. Since… Read More »