Payment processing companies charge their clients a fee for each transaction as compensation for their services. Merchants accepting credit cards also pay fees to the credit card companies. Typically, both fees are set by charging a fixed rate plus a percentage of the total transaction.

In recent weeks, several payment processing companies have sent out letters to their clients informing them of a rate increase or other fee hikes on their merchant processing services. These fee adjustments are driven by changes the credit card companies routinely make to the structure of their fees. The credit card companies make these changes twice per year – in April and October.

Although many of its competitors are increasing fees for clients, Leap Payments will not be increasing rates. Leap Payments is committed to keeping its fee structure low, allowing clients to avoid charging convenience fees or higher prices. Rather than presenting fee increases to its clients, the leadership at Leap Payments would prefer to grow profits by growing the company's customer base.

In today's economy, margins are tight, and unnecessary expenses, such as merchant processing services rate increases, can take a big bite out of merchant profits, particularly those of small businesses. Leap Payments can help keep payment processing costs low, providing a dependable, affordable solution.

Leap Payments is a California-based provider of payment processing solutions. Leap Payments can help businesses large and small find the right payment processing solution to fit their budget and their individual needs. To learn more, visit http://www.leappayments.com/ or call 1-800-993-6300.

About Leap PaymentsLeap Payments provides credit card processing merchant services for clients in need of dependable and affordable payment solutions. Leap Payments can provide basic credit card machines, wireless credit card processing equipment and other point of sale solutions. Leap Payments offers dependable services with no hidden fees or expensive equipment leases, and the company works diligently to help clients pay the lowest possible rates.