Credit Card Processing Rate Increases: Vantiv-WorldPay-FIS January 2020 This is the beginning of a new era to reveal how credit card processing companies are adding hidden fees, downgrading interchange rates, and implementing surcharges to charge businesses more...
How to Optimize Debit Card Routing Most merchants are under the assumption that their routing systems are optimal. That’s because credit card processors have sold them on the concept of dynamic routing. However, if you take the time to truly assess your debit card...
Interchange Fees Increasing April 2020 The payment processing world is going through some significant changes. Effective April 2020, the interchange fees (also known as swipe fees) for the major card networks will have some adjustments. Visa sent a document that...
Interchange Downgrades: How to Avoid Them Any company accepting credit cards is likely familiar with interchange fees. If you’re not or you need to brush up on your knowledge, check out our complete guide to interchange fees and rates. In the simplest possible...
Beginner’s Guide to EMV Chip Cards Early EMV technology has been around for more than two decades. However, the rollout of EMV chip cards and terminals didn’t migrate to the United States until 2012. Over the last several years, EMV has slowly become the new-norm...
8 Ways to Get Your Funds Fast From Payment Processors Cash flow is crucial to the success of any business. For most merchants, the majority of incoming cash comes from credit card processing sales. But giving your customers the ability to pay for goods or services...
7 Credit Card Processing Fraud Prevention Tactics For Merchants Credit card processing fraud is a major problem for business owners. Fraudulent card transactions can lead to chargebacks. Data breaches can result in customer information being compromised and create...
How to Choose a POS System For Your Small Business Choosing the right POS software for your small business is a significant decision. Point of sale systems represent the moment when you get paid by your customers. You don’t want to rush into something so...
Point of sale (POS) software facilitates transactions for your small business. Modern POS systems have replaced clunky cash registers and hand-written receipts. Choosing the right POS solution for your business will dramatically improve the customer experience...
Understanding how credit card processing fees truly work and what goes into them some consider to be the 8th wonder of the world. Our 2019 complete credit card processing fee guide showcases everything you need to understand and evaluate to lower your credit card...
