What is the Visa Base II Transmission Fee? Making sense of the assessment fees on your monthly credit card processing statement can be daunting for any business—especially since the name of each assessment isn’t always self explanatory. What’s even more confusing...
Minnesota Credit Card Surcharge Laws Merchants and consumers alike should both be aware of the credit card surcharge laws in Minnesota. For businesses, this information will help you stay compliant and avoid any potential fines, fees, or legal penalties. And as a...
Amex Card Not Present Fee Explained (Amex CNP Surcharge) Do you see an AMEX CNP FEE or American Express Card Not Present Fee on your merchant account statement? If you’re not sure what this means, you’ve come to the right place. We’ll explain everything you need to...
Global Payments Review: Pros, Cons, Fees & Statement Audit Global Payments (formerly OpenEdge) is one of the world’s largest payment processors. They handle over 4.6+ million merchant accounts directly through the Global Payments name and through subsidiaries...
Payment Processing Terms: A Quick Reference Guide Automated Clearing House (ACH): The primary electronic payment network for transferring funds between financial institutions in the United States. ACH vs. Wire Transfers ACH Return Codes Explained Acquirer /...
Credit Card Surcharge Laws by State (2024) There’s a lot of misinformation and conflicting facts about surcharging laws in the United States. In an effort to clarify some of these questions, I’ve compiled the credit card surcharging laws in all 50 states—making it...
EVO Payments Review: Price Breakdown & Insider Take For 2024 EVO Payments provides merchant acquiring and payment processing services in over 50+ markets and 150+ currencies across the globe. They process over $100+ billion for 550,000+ businesses each year....
Heartland Payment Systems Review (2024) Heartland Payment Systems is a subsidiary of Global Payments. Originally founded in 1997, Heartland was acquired by Global for $4.3 billion in 2016. Today, this payment processor serves more than 750,000 businesses and still...
Payment Processing Industry News – May 2024 Here at MCC, we’re always looking for ways to keep our readers informed with what’s happening in the payments space. May was a busy month that included some noteworthy rate increases, acquisitions, partnerships, new...
Mastercard KB Transaction Fee Explained Puzzled by the MASTERCARD KB TRAN FEE on your monthly processing statement? You’re not alone. This is just one of the many assessment fees charged by Mastercard that’s assessed every time you process one of their cards....
