Merchant Fee Reduction: Who Qualifies and What You Get

This scheme allows small-scale medical clinics to pay lower rates when processing credit card transactions at their practice.

👤Who it's for

This program is specifically designed for clinics that fall below certain annual revenue thresholds. If your medical practice is categorized as a smaller business based on its yearly earnings, you may be eligible for these preferred rates. The goal is to support smaller medical providers by reducing the cost of handling digital payments.

🎁What you get

The primary benefit is a reduction in credit card processing fees. Instead of paying the standard transaction rates, qualifying clinics receive lower rates, which are referred to locally as 우대수수료. This reduction helps decrease the overall overhead costs of running a daily medical practice and can improve the net income for smaller clinics.

💰What it costs you

There is no manual application fee or direct cost to participate in this scheme. The process is designed to be seamless for the business owner, as the application is handled automatically. The government uses data from the National Tax Service (NTS) to determine eligibility, meaning the system uses your existing financial records to apply the reduction.

⚠️The catch to know

The most important thing to understand is that the revenue thresholds are set very low. Because the eligibility is restricted to smaller-scale operations, many established medical practices—such as many dentists with long-standing, high-revenue clinics—will find that they do not qualify for the lower rates. You must check your specific annual revenue to see if you fall within the permitted range.

📝How to apply

1. Review your clinic's annual revenue to see if it falls below the required threshold.
2. Ensure that your financial reporting is accurately updated with the tax authorities.
3. Check your credit card processing statements to confirm that the reduced rates have been applied automatically.