For American businesses, the cost of accepting digital payments keeps climbing. U.S. merchants paid a staggering $187.2 billion in card processing fees in 2024 alone, with figures continuing to climb through 2025—a record-breaking expense that eats directly into business profits.
In high-volume sectors like auto services and healthcare, these fees aren't just a line item; they're a major drain on revenue.
With credit and debit cards dominating the way people pay, making up 65% of all monthly consumer payments in 2024 according to a Market Research Report for PayTrac, businesses are searching for a more sustainable model. This is where specialized providers like PayTrac come in.
The Tennessee-based company has over eight years of experience building its services around models that can reduce or even eliminate these fees.
