Discover Interchange Qualification Matrix Like every card network, Discover has its own interchange qualification standards. Each interchange category is based on certain criteria, including the merchant type, transaction type, industry, and unique specifications...
Shift4 Review (2024) - Pros, Cons, and Fee Breakdown Shift4 offers a full suite of payment processing solutions for merchants across a wide range of industries. Here at MCC, our team has extensive experience working with Shift4, as many of our clients rely on this...
What is the Visa Transaction Integrity Fee? The Transaction Integrity Fee (TIF) is one of many charges that a merchant might be confused to find on their monthly credit card processing statement. What is it? Is the fee legit? Am I being ripped off? These are all...
Rectangle Health Rate Increases, Fees, and Updates (2024) Last Updated: 5/7/24 Rectangle Health regularly sends notices to its customers regarding new rate increases, updates, and changes to credit card processing pricing. Here at Merchant Cost Consulting, we stay...
Everything You Need to Know About Payment Reversals (and How to Avoid Them) Payment reversals can be a nightmare for any merchant. Not only do they lead to lost revenue, but they can also damage your company’s relationships with payment processors and banks. ...
Payment Processing Industry News - April 2024 We pride ourselves on providing our readers with all of the biggest headlines in the payments space. From rate increases to mergers, acquisitions, and other headlines, we’re always trying to keep you informed about the...
Visa Digital Commerce Service Fee Visa introduced the Digital Commerce Service fee in October of 2023. As a result, many merchants are noticing this new charge on their monthly processing statements and wondering where it came from. We’ll break down everything you...
Mastercard MC Digital Enablement Fee: What it is and How Much it Costs (2024) If your business accepts credit cards, there are dozens of different charges that you could find on your monthly statement every month—many of which are hard to understand. One fee that...
The Real Winners of the Visa/Mastercard Interchange Settlement Like many of you, I’ve been keeping a close eye on the Visa/Mastercard interchange settlement—as it’s arguably the year’s biggest story in the world of payments. After years of litigation, these two...
Visa FANF Fee Explained (2024) Credit card processing statements are tough to understand, especially to the untrained eye. But if you noticed a Visa FANF fee on your monthly statement and you don’t know what it is, you’ve come to the right place. This guide...
