12 Ways to Accept Online Payments in 2024 Getting paid online isn’t as difficult today as it was in the past. In fact, it’s pretty straightforward and easy for anyone to figure out. But deciding how you’re going to get paid online is another story. What types of...
Payment Processing Industry News - February 2024 For a short month, February has still been buzzing with news and updates in the payment processing world. From new fees and rate increases to expansions, new technology, and partnerships, here’s a summary of the...
Merchant Discount Rate Explained If you’ve spent any time shopping around for a payment processing solution, then you’ve likely seen the term “merchant discount rate” thrown around in your search—either by a sales rep or on the provider’s website. Some of you may...
Elavon Rate Increases, Fees, and Updates (2024) Last Updated 2/19/2024 Elavon is a credit card processor and service provider for merchants in across a wide range of industries. Like other solutions that allow merchants to accept payments, Elavon regularly updates...
Visa Surcharging Rules Businesses accepting Visa cards pay a fee for each transaction. To offset those costs, some merchants impose a surcharge—which passes the processing fees to the customer. Sounds simple, right? Not so fast. Visa has its own surcharging rules....
Do You Need a Merchant Account For Shopify? Businesses typically need to have a merchant account to accept credit card payments. However, it’s possible to set up a Shopify store and accept card payments without a merchant account. Shopify users have the option to...
Payment Processing Industry News - January 2024 We’re just a few weeks into the new year, but payment processing headlines are already making a big splash. This month, we’ve highlighted new rate increases, new laws, and other noteworthy updates worth your...
Debit Card Processing (Fees Explained) The best merchants offer as many different payment options as possible, including debit cards. If your company is processing millions of dollars in debit card transactions each year, those fees can add up fairly quickly....
List of Credit Card Processing Companies Searching for a credit card processing company is a difficult task to say the least. With deceptive sale tactics, unregulated credit card processing fees, and an industry full of scam artists, it is difficult to find which...
MCC Codes - Merchant Category Codes (2024) MCC codes are somewhat of a mystery to some business owners. Even though everyone who processes credit cards has one, it seems like most people don’t understand the significance of MCC codes for payment processing. For...
