What is Buy Now, Pay Later (BNPL) and How Does it Work? The concept of Buy Now Pay Later (BNPL) has been around for hundreds of years. It’s a simple way for people to purchase expensive items and pay for them over time on an installment plan. These early forms of...
Toast Credit Card Processing - Rate Increases and Updates (2024) Last Updated: July 15, 2024 Toast is a restaurant POS (point-of-sale) system. In addition to its POS software, Toast also provides payment processing as an integrated solution with its platform. If...
Illinois Credit Card Surcharging Laws: Everything You Need to Know in 2024 Illinois allows merchants to legally surcharge credit card transactions. However, these laws are pretty strict compared to the other states where it’s legal to surcharge. Here’s a quick...
American Express Assessment Fees (2024) In addition to the interchange fees charged by American Express for each transaction, there are other fees imposed at the card network level by Amex. Also known as pass-through fees, assessments are paid directly to American...
EVO Payments Interchange Rates & Fee Updates (2024) Last Updated 7/7/2024 If you’re using EVO Payments to process credit and debit card transactions, you need to read and bookmark this resource. We’ll keep you updated with all of the latest interchange rates,...
New California Surcharge Laws - Updated For 2024 California has some of the most unique credit card surcharge rules in the country. Home to roughly 40 million residents, the Golden State has gone through three significant changes governing how merchants can impose...
Payment Processing Industry News — June 2024 Our team is constantly monitoring the latest news stories in the payments world. From new fees to mergers, acquisitions, regulations, and beyond, here’s a summary of the latest headlines from June. Worldpay Announces...
Visa/Mastercard Interchange Fee Settlement: Everything You Need to Know Disclosure: This page is for informational purposes only and is NOT legal advice. We are just presenting facts associated with the settlement, and we are in no way making suggestions or...
What is an Aggregated Merchant Account? Finding the right payment processor that allows your business to accept card payments is one of the most important decisions you’ll make. But with so many options on the market, it can definitely be overwhelming to filter the...
Worldpay Review: Payment Processing (2024) Worldpay is one of the largest payment processing companies globally, and it’s the second-largest non-bank merchant acquirer in the United States. Using Worldpay to accept card payments comes with its fair share of pros...
