Before diving into Level 2 and 3 pricing, if you are not familiar with the credit card processing standard fees we highly suggest reading our credit card processing guide to familiarize yourself with this difficult industry first. That being said, if you already...
How can I obtain the best credit card processing rates with so many vendors out there? In order for your business to obtain the best credit card processing rates it is imperative to do a significant amount of research prior to even shopping around. The biggest...
The world of credit card processing is designed to be a deceptive and lucrative industry. There are hundreds of different tactics sales representatives will use in order to onboard an account or keep an account on their books. Just because an outside sales agent...
Anyone who owns or runs a business that accepts credit cards is aware that AMEX charges merchants significantly higher fees than the other card brands. There are a few reasons for this but an average sale can range around 3% while for the others it is usually...
In the world of credit card processing it can be difficult to actually understand which fees are negotiable and which fees are not. The credit card processing companies want you to believe the bulk of the fees they have no control over. This can be true but also...
A question we get a lot here at MCC is do certain credit card processing companies offer lower rates than others. The answer to that question can be fairly confusing. While some credit card processing companies tend to offer better pricing than others it...
Merchant Cost Consulting does a free initial audit of a business’s last 3 merchant service statements and presents the potential savings they can obtain for a client. It showcases how much you are overpaying in merchant fees every month and the money that can go...
The question we get most here is what's the average credit card processing fee I should be paying? The answer to that question really depends on numerous factors including business type, different cards and how the cards are being processed. To give you a quick...
Outlined below are three of the biggest mistakes companies make when accepting credit card payments. Not being PCI Compliant - Failing to be PCI Compliant can be extremely expensive for a business. These monthly costs can range anywhere from an extra $29.00 a...
The card brand companies tend to increase interchange costs a couple times a year. In the month of April, all four of the major card brands increased the costs in various categories. For a complete breakdown of all the interchange fees that have increased as of...
