By Cloudbeds | Published on November 29
Many hoteliers and hosts select a payment processor based on the company that offers the lowest transaction fee. They must be the cheapest option, right? In actuality, you might be paying more for payment processing than you think. Transaction fees are only the tip of the iceberg. See the infographic for other fees that companies often have hidden below the surface. For more on payment trends, challenges, and solutions in the hospitality industry, download our ebook: The smart guide to hotel payment processing.