June 12, 2024Global Payments (formerly OpenEdge) is one of the world’s largest payment processors. They handle over 4.6+ million merchant accounts directly…
June 10, 2024Automated Clearing House (ACH): The primary electronic payment network for transferring funds between financial institutions in the United States. ACH…
May 28, 2024Heartland Payment Systems is a subsidiary of Global Payments. Originally founded in 1997, Heartland was acquired by Global for $4.3…
May 26, 2024Here at MCC, we’re always looking for ways to keep our readers informed with what’s happening in the payments space.…
May 20, 2024Puzzled by the MASTERCARD KB TRAN FEE on your monthly processing statement? You’re not alone. This is just one of…
May 17, 2024Like every card network, Discover has its own interchange qualification standards. Each interchange category is based on certain criteria, including…
May 10, 2024The Transaction Integrity Fee (TIF) is one of many charges that a merchant might be confused to find on their…
May 7, 2024Rectangle Health regularly sends notices to its customers regarding new rate increases, updates, and changes to credit card processing pricing. …
May 6, 2024Payment reversals can be a nightmare for any merchant. Not only do they lead to lost revenue, but they can…
April 26, 2024We pride ourselves on providing our readers with all of the biggest headlines in the payments space. From rate increases…
