Data indicate that 33 percent of businesses have declared that they have very little loyalty to their credit card processor, while others have expressed little or some loyalty (25 percent and 26 percent respectively). Of those involved in the study, 16 percent mention lots of loyalty to their merchant account provider. Nearly 40 percent of those involved in the study would require almost USD 50 per month savings to change the merchant account provider.The study was conducted by Transparent Financial Services.
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