Dealing with Credit Card Processing Companies, Lowering Credit Card Processing Fees, Reducing Merchant Services Fees
Merchant Discount Rate Explained If you’ve spent any time shopping around for a payment processing solution, then you’ve likely seen the term “merchant discount rate” thrown around in your search—either by a sales rep or on the provider’s website. Some of you may...
Elavon Rate Increases, Fees, and Updates (2024) Elavon is a credit card processor and service provider for merchants in across a wide range of industries. Like other solutions that allow merchants to accept payments, Elavon regularly updates its credit card...
Visa Surcharging Rules Businesses accepting Visa cards pay a fee for each transaction. To offset those costs, some merchants impose a surcharge—which passes the processing fees to the customer. Sounds simple, right? Not so fast. Visa has its own surcharging rules....
Do You Need a Merchant Account For Shopify? Businesses typically need to have a merchant account to accept credit card payments. However, it’s possible to set up a Shopify store and accept card payments without a merchant account. Shopify users have the option to...
Discover Interchange Rates (2024) Discover updates its interchange fees on a regular basis. But they don't publicly post these rates. Fortunately for you, our team did some digging to keep pace with the Discover's merchant acquirer fees. This post explains how...
Debit Card Processing (Fees Explained) The best merchants offer as many different payment options as possible, including debit cards. If your company is processing millions of dollars in debit card transactions each year, those fees can add up fairly quickly....
Top 11 Payment Processing Trends Dominating 2024 As we enter 2024, it’s the perfect opportunity to assess what's going on in the payment processing industry and take a closer look at what's trending upward. I’ve narrowed down the top 11 payment trends that will...
Stripe Interchange Rates: Complete Guide to Stripe Processing Fees Stripe is one of the largest players in the eCommerce and subscription payment space. Big companies like Facebook, Lyft, Target, and Under Amour use Stripe to power their payments. Stripe focuses on...
List of Credit Card Processing Companies Searching for a credit card processing company is a difficult task to say the least. With deceptive sale tactics, unregulated credit card processing fees, and an industry full of scam artists, it is difficult to find which...
MCC Codes - Merchant Category Codes (2024) MCC codes are somewhat of a mystery to some business owners. Even though everyone who processes credit cards has one, it seems like most people don’t understand the significance of MCC codes for payment processing. For...
