Dealing with Credit Card Processing Companies, Lowering Credit Card Processing Fees, Reducing Merchant Services Fees
15 Signs of Credit Card Fraud for Merchants (With Examples) Credit card fraud has become a serious problem for businesses. While a consumer can simply contact the credit card company, dispute the charge, and get their money back, merchants are often left holding...
Everything You Need to Know About Credit Card Surcharge Laws in Florida Florida’s credit card surcharge laws are a bit confusing for merchants and consumers alike. If you run a quick search for this info on the web, you’ll see quite a bit of conflicting...
Preauthorization Fees Explained (For Credit Card Processing) If you’re reviewing your credit card processing statements, you might see a preauthorization fee on there and wonder what it’s for. Certain types of businesses will have tons of these, while others may...
TSYS Credit Card Processing Fees, Updates, and Interchange Rate Increases (2024) This is the beginning of a new era to reveal how credit card processing companies are adding hidden fees, downgrading interchange rates, and implementing surcharges to charge...
Wells Fargo Merchant Services Rate Increases and Updates If you’re using Wells Fargo Merchant Services to process payments for your business, you can use this page to stay up to date with all of the latest rate changes and updates. You can also check out our Wells...
Ohio Credit Card Surcharge Laws Businesses and residents alike should both be aware of the credit card surcharge laws in Ohio. Merchants must know these laws to ensure compliance and avoid legal penalties, while consumers should stay educated so they don’t get...
What is a Convenience Fee and Should You Charge One To Customers? The costs associated with accepting credit card transactions are constantly on the rise. Between the card networks raising interchange rates and processors using every trick in the book to increase...
What is the Wholesale Credit Card Processing Rate? Some payment processors use the term “wholesale rate” when pricing their services. Your sales rep might refer to the wholesale rate during your negotiations, and some of you might even be getting charged the...
Mastercard Acquirer License Fee Explained Credit card processing statements often have dozens of miscellaneous charges and fees—making it hard to tell which ones are legitimate and which ones aren’t. Processors don’t typically give you a key or explanation of what...
Global Payments Integrated (Formerly OpenEdge) Rate Increases, Fees, and Updates — 2024 Global Payments Integrated regularly sends notices related to fee increases and other important statements to customers. Our team here at Merchant Cost Consulting monitors any...
