Credit Card Processing Companies, Lowering Credit Card Processing Fees, Reducing Merchant Services Fees
Affirm shares soar on news of Amazon partnership for buy now, pay later PUBLISHED FRI, AUG 27 20214:30 PM EDTUPDATED SAT, AUG 28 20212:33 PM EDT Kate Rooney@KR00NEY KEY POINTS Affirm’s buy now, pay later checkout option will be available to certain Amazon...
Things are changing frequently when it comes to credit card processing. One of the newer advances in the credit card processing industry is the phasing out of the black magnetic stripes on the back of your credit cards. Per TheVerge.com, MasterCard is looking to...
PayPal Credit Card Processing Rate Increase for Merchants PayPal announced that it would increase the amount it charges merchants for each transaction, resulting in a spike in its stock value. The credit card processing fee increase is pretty...
Visa and Mastercard to Delay Merchant Account Increase Visa and Mastercard, the two biggest card issues worldwide, are postponing credit card fee increases for yet another year. The two organizations initially planned to hike up credit card processing fees for...
Visa and Mastercard Push Back Interchange Fee Changes Visa and MasterCard have announced all credit card interchange fee adjustments for merchants will be pushed back from April to mid-July, due to the COVID-19 pandemic. While the timeframe has changed for the roll...
Visa Is Planning the Biggest Changes to Swipe Fees in a Decade Visa is planning the largest to changes to interchange fees in nearly a decade. Pending on your business type this could be good news or bad news. Higher rates are in plan for transactions on e-commerce...
The card brand companies tend to increase interchange costs a couple times a year. In the month of April, all four of the major card brands increased the costs in various categories. For a complete breakdown of all the interchange fees that have increased as of...
If you are using TSYS, you will soon be using Global Payments. Watch out for hidden fees, downgrades, and surcharging due to the merger of these two companies! The financial-technology merger frenzy continued on Tuesday, as Global Payments Inc. officially...
Before implementing a surcharge on your customers it is very important to understand your customer base. As many business owners are recently finding out, while surcharging may seem like a good tactic at first, a large chunk of their customer base is no longer...
If you've been using Worldpay, you're now actually using Vantiv. Watch out for hidden fees, downgrades, and surcharging due to the merger of these two companies! U.S. credit card processing company Vantiv agreed on Wednesday to buy Worldpay, the U.K.'s largest...
