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...
Credit Card Surcharge Laws by State (Is It Legal?) There’s a lot of misinformation and conflicting facts about surcharging laws in the United States. In an effort to clarify some of these questions, I’ve compiled the credit card surcharging laws in all 50...
What is an Internet Merchant Account? Whether you’re starting a new ecommerce business from scratch or you’re expanding an existing retail operation to the web, you must be able to process credit card payments online. Internet merchant accounts make this...
Credit Card Decline Codes (2024) Declined credit cards are simply part of doing business. They’re even more prevalent for businesses that process a high volume of transactions—particularly in B2C environments. But not every credit card decline is the same. When a...
How Does Apple Pay Work? Understanding how Apple Pay works and how to use it is essential for consumers and businesses alike. Apple users get a quick and convenient way to pay for goods and services using their Apple devices, and merchants can broaden their payment...
Credit Card Fraud Statistics (2024) The widespread acceptance of credit and debit cards has changed how we process payments. Cash represents just 20% of all in-person transactions, meaning plastic and digital wallets have penetrated far and beyond the ecommerce...
How Do Card On File Transactions Work? In today’s modern world, businesses are constantly looking for ways to improve the customer experience. Streamlining the checkout process is just one example of this—and card-on-file transactions help make this possible. The...
Credit Card Authorization Explained Credit card authorization is required for every credit and debit card purchase. So if you’re a business that accepts credit cards or a consumer that uses credit cards to make purchases, you’ve been involved in the credit card...
Card Present vs. Card Not Present Transactions On the surface, the difference between “card-present” transactions and “card-not-present” transactions may seem obvious—the card was either present when the payment was processed or it was not. But the differences...
