Dealing with Credit Card Processing Companies, Lowering Credit Card Processing Fees, Reducing Merchant Services Fees
Worldpay Price Increase, Fees, and Updates (2024) Worldpay from FIS commonly sends notices to customers about new processing rate increases, changes, and noteworthy updates. Here at Merchant Cost Consulting, we try our best to stay up to date with changes from...
How to Spot Padded Assessments Assessment fees are just part of accepting credit credits. They’re imposed by the card networks and passed through to merchants on monthly statements. Unfortunately, some payment processors inflate or “pad” these assessment fees....
Oklahoma Credit Card Surcharge Laws Explained (2024) Credit card surcharge laws in Oklahoma can be confusing for both merchants and consumers alike. That’s because Oklahoma has state-specific laws prohibiting surcharging credit card transactions—but federal courts...
Shop Pay vs. Shopify Payments More than 4.61 million online stores worldwide are powered by Shopify—making it one of the largest ecommerce platforms in existence. It supports over 100+ integrations with payment providers, giving merchants plenty of third-party...
Visa Issuer Never Approve Fee: Cost, Meaning, and How to Avoid If you’re reviewing your monthly processing statement and stumble upon a Visa Never Approve Fee, you might be wondering what this means. While the charges might be minimal, it’s important to get this...
Texas Surcharging Laws There’s a lot of misinformation on the web about the credit card surcharging laws in Texas. Some sources say it’s legal, while others say it’s illegal. Whether you’re a merchant or consumer, these types of contradictory statements can be...
Visa ISA Fee Explained (International Service Assessment) Wondering why some Visa transactions are more expensive to process than others? There are lots of different factors that impact your Visa interchange rates—including the specific type of Visa card and the...
CardConnect Fees and Updates For Payment Processing Our team here at Merchant Cost Consulting is always monitoring the latest interchange fees from payment processors and card networks industry-wide. Read on to learn more about CardConnect’s fees, rate increases,...
Chargeback Time Limits For Cardholders and Merchants (Ultimate Guide) Last year the global payments ecosystem had over 238 million chargebacks. This number is expected to reach 337 million by 2026, which is a 42% increase in just three years. Studies also found...
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...
