Dealing with Credit Card Processing Companies, Lowering Credit Card Processing Fees, Reducing Merchant Services Fees
Can You Pass Merchant Fees to Customers? Credit card processing fees are a pain for merchants. Merchant fees cost businesses more than $100 billion per year—and that’s just in the United States. If you’re reading this right now, there’s a good chance you’re paying...
Paya Rate Increases, Fees, and Updates (2025) Paya is a US-based payment processor that offers integrated payment solutions for businesses. Here are the latest rate increases and updates from Paya: New Paya Fees and Updates Paya is implementing a new...
15 Reasons Credit Cards Get Declined If your business accepts credit cards, you’re going to process some transactions that get declined. But understanding why credit cards decline will help you handle the situation appropriately. Credit card declines can be...
Credit Card Verification Service For International Orders Ecommerce businesses needs to take preventative measures to avoid fraud. According to a recent study, 92% of fraudulent transactions online involve a credit card. This results in about $24 billion lost...
What is Secure Remote Commerce (SRC)? New credit card technology has made it tougher for criminals to use fraudulent credit cards at brick-in-mortar POS stations. As a result, scammers are turning to online fraud and theft with stolen credit card information. With...
What’s the Difference Between Credit and Debit Transactions? (Debit vs. Credit Transaction) Credit and debit transactions commonly result in different fees for merchants. Debit card interchange rates are usually lower, since they're less risky for processors. The...
Merchant Acquirer Fees Explained Keeping track of all the moving parts associated with credit card processing can be challenging. There are so many different parties involved with every transaction, and each one needs to get paid. One of the most important entities...
How Recurring Payments Affect Credit Card Processing Rates Setting up recurring payments has become a popular and profitable way for businesses across multiple industries to generate ongoing revenue. Recurring payments are often seen as a win-win for merchants and...
What is a Qualified Processing Rate? Qualified processing rates refer to the merchant fees that a business pays for a specific type of credit card processing, known as tiered or bundled pricing. Depending on the merchant account agreement and fee structure, the...
What is the Cheapest Way to Accept Credit Card Payments? Accepting card payments can be costly for many businesses. With average credit card processing fees ranging from 1.70% to 2.50% per transaction, card payments can take tens or even hundreds of thousands from...
