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Merchant Services and Credit Card ProcessingGlobal Payments Integrated (Formerly OpenEdge) Rate Increases, Fees, and Updates — 2024
Global Payments Integrated (Formerly OpenEdge) Rate Increases, Fees, and Updates — 2024 Last Updated: 5/8/2024 Global Payments Integrated regularly sends notices related to fee increases and other important statements to customers. Our team here at Merchant Cost...
Rectangle Health Rate Increases, Fees, and Updates (2024)
Rectangle Health Rate Increases, Fees, and Updates (2024) Last Updated: 5/7/24 Rectangle Health regularly sends notices to its customers regarding new rate increases, updates, and changes to credit card processing pricing. Here at Merchant Cost Consulting, we stay up...
Everything You Need to Know About Payment Reversals (and How to Avoid Them)
Everything You Need to Know About Payment Reversals (and How to Avoid Them) Payment reversals can be a nightmare for any merchant. Not only do they lead to lost revenue, but they can also damage your company’s relationships with payment processors and banks. Whether...
Amex Interchange Rates and Processing Fees (2024)
The Complete Guide to Amex Interchange Rates and Processing Fees Last Updated: 5/2/2024 Unlike Visa and Mastercard, American Express credit card processing isn’t very straightforward. That’s because Visa and Mastercard are both open credit card networks, meaning...
Payment Processing Industry News – April 2024
Payment Processing Industry News - April 2024 We pride ourselves on providing our readers with all of the biggest headlines in the payments space. From rate increases to mergers, acquisitions, and other headlines, we’re always trying to keep you informed about the...
Visa Digital Commerce Service Fee Explained (2024)
Visa Digital Commerce Service Fee Visa introduced the Digital Commerce Service fee in October of 2023. As a result, many merchants are noticing this new charge on their monthly processing statements and wondering where it came from. We’ll break down everything you...
Mastercard MC Digital Enablement Fee: What it is and How Much it Costs (2024)
Mastercard MC Digital Enablement Fee: What it is and How Much it Costs (2024) If your business accepts credit cards, there are dozens of different charges that you could find on your monthly statement every month—many of which are hard to understand. One fee that we...
The Real Winners of the Visa/Mastercard Interchange Settlement
The Real Winners of the Visa/Mastercard Interchange Settlement Like many of you, I’ve been keeping a close eye on the Visa/Mastercard interchange settlement—as it’s arguably the year’s biggest story in the world of payments. After years of litigation, these two card...
Visa FANF Fee Explained (2024)
Visa FANF Fee Explained (2024) Credit card processing statements are tough to understand, especially to the untrained eye. But if you noticed a Visa FANF fee on your monthly statement and you don’t know what it is, you’ve come to the right place. This guide explains...
Fiserv Credit Card Processing Fees and Updates (2024)
Fiserv Credit Card Processing Fees & Updates (2024) Last Updated 4/15/2024 FISERV regularly updates its interchange fees for credit and debit card processing. Our team at Merchant Cost Consulting keeps a close eye on those updates and publishes them for our...
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