Illinois Credit Card Surcharging Laws: Everything You Need to Know in 2024 Illinois allows merchants to legally surcharge credit card transactions. However, these laws are pretty strict compared to the other states where it’s legal to surcharge. Here’s a quick...
New California Surcharge Laws - Updated For 2024 California has some of the most unique credit card surcharge rules in the country. Home to roughly 40 million residents, the Golden State has gone through three significant changes governing how merchants can impose...
What is an Aggregated Merchant Account? Finding the right payment processor that allows your business to accept card payments is one of the most important decisions you’ll make. But with so many options on the market, it can definitely be overwhelming to filter the...
Minnesota Credit Card Surcharge Laws Merchants and consumers alike should both be aware of the credit card surcharge laws in Minnesota. For businesses, this information will help you stay compliant and avoid any potential fines, fees, or legal penalties. And as a...
Payment Processing Terms: A Quick Reference Guide Automated Clearing House (ACH): The primary electronic payment network for transferring funds between financial institutions in the United States. ACH vs. Wire Transfers ACH Return Codes Explained Acquirer /...
Credit Card Surcharge Laws by State (2024) 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 states—making it...
Everything You Need to Know About Payment Reversals (and How to Avoid Them) Payment reversals can be a nightmare for any merchant. Not only do they lead to lost revenue, but they can also damage your company’s relationships with payment processors and banks. ...
9 Signs You're Overpaying For Credit Card Processing The cost of accepting credit card payments is higher than most people realize. Depending on your volume, you could be paying tens of thousands or upwards of hundreds of thousands every year just to accept...
How to Find Your Merchant ID in PayPal If you’re using PayPal to sell goods and services or collect payments for your business, some instances may arise when you need to locate your PayPal merchant ID. This guide will explain everything you need to know about...
11 Valid Reasons to Dispute a Credit Card Charge When an unrecognized charge appears on a credit card statement, cardholders have the right to dispute it. But distinguishing between valid reasons and invalid reasons for disputes isn’t always clear—which is why we...
