August 2024 Payments News Roundup If you’ve been following our blog for a while, you know that every month I put together a quick roundup of the biggest stories in the payments world. From rate increases to acquisitions, new technology, quarterly earnings reports...
TSYS Payment Processing Review (2024) TSYS is a merchant services provider and credit card processing solution that facilitates over 32 billion transactions annually on its platform. Short for Total Systems Services, the company still operates under the TSYS...
Bank of America Merchant Services - Interchange Rates & Fee Updates (2024) Here at Merchant Cost Consulting, we’re always striving to keep our readers and clients informed with noteworthy information in the payments industry. This useful resource is updated...
Cayan Review: Fee Breakdown and Statement Audit (2024) Cayan has been acquired and is no longer accepting new customers. So this review is specifically written for merchants currently using Cayan. Based on our insider knowledge, we’ll highlight the fees you need to...
How to Spot Padded Assessments Assessment fees are just part of accepting credit credits. They’re imposed by the card networks and passed through to merchants on monthly statements. Unfortunately, some payment processors inflate or “pad” these assessment fees....
Fiserv Payment Processing Review Fiserv (formerly First Data) is one of the largest payment processors in the world. They handle over 25,000 transactions per second for six million merchants globally—making them the largest non-bank merchant acquirer in the US. ...
Oklahoma Credit Card Surcharge Laws Explained (2024) Credit card surcharge laws in Oklahoma can be confusing for both merchants and consumers alike. That’s because Oklahoma has state-specific laws prohibiting surcharging credit card transactions—but federal courts...
Rectangle Health Review For Payment Processing Whether you’re currently using Rectangle Health or considering this provider for payment processing, this in-depth review will provide everything you need to know to make an informed decision. We have multiple clients...
Shop Pay vs. Shopify Payments More than 4.61 million online stores worldwide are powered by Shopify—making it one of the largest ecommerce platforms in existence. It supports over 100+ integrations with payment providers, giving merchants plenty of third-party...
P2P Payments For Business Use: What You Need to Know P2P payment providers like Venmo, Zelle, and Cash App make it easy for individuals to send and receive money for free with friends and family. It’s a quick and convenient way to split a restaurant bill or pay a...
