Card processing costs can be a little complicated without knowing the basic pricing models those fees are passed through. Last time, we explored what the fees are you might see on your merchant statement. In this installment, we will look at the main pricing models […]
Many fees can be imposed on a merchant based on a various rules and regulations created by the Card Associations. It is from these fees, that the Merchant Services Provider, Processor, Issuing Bank, and Card Associations all take portions for their services. This blog will walk you through […]
The process of writing checks has been replaced with the use of cards in many cases. It seems everywhere you look today, there’s a card for it. In this installment of The Basics, we’ll look at the different payment card types and explore the similarities and differences between them. […]
In early 2013, Visa and MasterCard released new rules regarding credit card surcharging. As a result of a proposed settlement agreement to a long-standing class action suit against them, Visa and MasterCard are now allowing U.S. merchants to surcharge certain credit card transactions. A payment card surcharge […]