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...
12 Requirements of PCI DSS Compliance To become PCI compliant, you must follow the requirements set forth by the Payment Card Industry Data Security Standards Council—an independent organization that was created by the card networks to help manage and improve...
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...
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...
Can You Pass Merchant Fees to Customers? Credit card processing fees are a pain for merchants. Merchant fees cost businesses more than $100 billion per year—and that’s just in the United States. If you’re reading this right now, there’s a good chance you’re paying...
15 Reasons Credit Cards Get Declined If your business accepts credit cards, you’re going to process some transactions that get declined. But understanding why credit cards decline will help you handle the situation appropriately. Credit card declines can be...
Toast Credit Card Processing - Rate Increases and Updates (2024) Last Updated: July 19, 2023 Toast is a restaurant POS (point-of-sale) system. In addition to its POS software, Toast also provides payment processing as an integrated solution with its platform. If...
