Payment Processing Terms: A Quick Reference Guide Automated Clearing House (ACH): The primary electronic payment network for transferring funds between financial institutions in the United States. ACH vs. Wire Transfers ACH Return Codes Explained Acquirer /...
EVO Payments Review: Price Breakdown & Insider Take For 2025 EVO Payments provides merchant acquiring and payment processing services in over 50+ markets and 150+ currencies across the globe. They process over $100+ billion for 550,000+ businesses each year....
Heartland Payment Systems Review (2025) Heartland Payment Systems is a subsidiary of Global Payments. Originally founded in 1997, Heartland was acquired by Global for $4.3 billion in 2016. Today, this payment processor serves more than 750,000 businesses and still...
Payment Processing Industry News – May 2024 Here at MCC, we’re always looking for ways to keep our readers informed with what’s happening in the payments space. May was a busy month that included some noteworthy rate increases, acquisitions, partnerships, new...
Mastercard KB Transaction Fee Explained Puzzled by the MASTERCARD KB TRAN FEE on your monthly processing statement? You’re not alone. This is just one of the many assessment fees charged by Mastercard that’s assessed every time you process one of their cards....
Discover Interchange Qualification Matrix Like every card network, Discover has its own interchange qualification standards. Each interchange category is based on certain criteria, including the merchant type, transaction type, industry, and unique specifications...
Shift4 Review (2025) - Pros, Cons, and Fee Breakdown Shift4 offers a full suite of payment processing solutions for merchants across a wide range of industries. Here at MCC, our team has extensive experience working with Shift4, as many of our clients rely on this...
What is the Visa Transaction Integrity Fee? The Transaction Integrity Fee (TIF) is one of many charges that a merchant might be confused to find on their monthly credit card processing statement. What is it? Is the fee legit? Am I being ripped off? These are all...
Rectangle Health Rate Increases, Fees, and Updates (2025) 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 to date on those...
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. ...
