Credit card payments are a standard payment method for many merchants and service providers. But as the legal industry joins in, and with many law firms now accepting credit payments from their clients, one important consideration remains: fees for credit card processing.

Credit card processing fees can eat into the profits of a business more than the owners realize. These fees typically range from 1.5% to 3.5% of each purchase amount. While there are obvious benefits to accepting credit cards, business owners and law firms should understand these fees before deciding to do so themselves.