Transaction fees during payment and invoice issuing processes
As far as transaction fees are concerned, it may appear at first glance that paying by cash, or even by QR-bill, is cheaper. But the fact is these methods incur indirect costs: if a payment is made in cash, you as a retailer will need to obtain change and to ensure the money is transported securely to the bank. If you send invoices, you will need to calculate printing and shipping costs. And when it comes to payments by card or online, each transaction will incur a fee.
An example of this is the interchange fee charged for using a credit card. As a retailer, you will pay a service fee to your merchant bank to process credit card revenue. This bank, in turn, will pay a fee to the bank that issues the card as a kind of compensation for continuing to do just that, and to enable the system to accept credit card payments. In Switzerland, it is very difficult to make a blanket estimate of what the fee will be seeing as it is influenced by various factors, for instance the purchase sum amount, the card system and whether the payment is made online or in person. For domestic credit card payments, for instance, the interchange fee is currently 0.44 percent of the purchase amount.