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Merchant Services and Credit Card Processing

Discover Interchange Qualification Matrix

May 17, 2024

Discover Interchange Qualification Matrix Like every card network, Discover has its own interchange qualification standards. Each interchange category is based on certain criteria, including the merchant type, transaction type, industry, and unique specifications...

Shift4 Review (2024)

May 16, 2024

Shift4 Review (2024) - Pros, Cons, and Fee Breakdown Shift4 offers a full suite of payment processing solutions for merchants across a wide range of industries. Here at MCC, our team has extensive experience working with Shift4, as many of our clients rely on this...

Visa Interchange Rates (2024)

May 14, 2024

Visa Interchange Rates (2024) Last Updated 5/14/2024 Visa is one of the most commonly accepted credit cards in the globe. Cardholders view Visa as a safe and reliable payment method. Like every major card network, Visa imposes an interchange fee for each transaction...

TSYS Review (2024)

May 13, 2024

TSYS Payment Processing Review (2024) TSYS is a merchant services provider and credit card processing solution that facilitates over 32 billion transactions annually on its platform. Short for Total Systems Services, the company still operates under the TSYS branding,...

What is the Visa Transaction Integrity Fee?

May 10, 2024

What is the Visa Transaction Integrity Fee? The Transaction Integrity Fee (TIF) is one of many charges that a merchant might be confused to find on their monthly credit card processing statement. What is it? Is the fee legit? Am I being ripped off? These are all...

Global Payments Integrated (Formerly OpenEdge) Rate Increases, Fees, and Updates — 2024

May 8, 2024

Global Payments Integrated (Formerly OpenEdge) Rate Increases, Fees, and Updates — 2024 Last Updated: 5/8/2024 Global Payments Integrated regularly sends notices related to fee increases and other important statements to customers. Our team here at Merchant Cost...

Rectangle Health Rate Increases, Fees, and Updates (2024)

May 7, 2024

Rectangle Health Rate Increases, Fees, and Updates (2024) Last Updated: 5/7/24 Rectangle Health regularly sends notices to its customers regarding new rate increases, updates, and changes to credit card processing pricing. Here at Merchant Cost Consulting, we stay up...

Everything You Need to Know About Payment Reversals (and How to Avoid Them)

May 6, 2024

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. Whether...

Amex Interchange Rates and Processing Fees (2024)

May 2, 2024

The Complete Guide to Amex Interchange Rates and Processing Fees Last Updated: 5/2/2024 Unlike Visa and Mastercard, American Express credit card processing isn’t very straightforward. That’s because Visa and Mastercard are both open credit card networks, meaning...

TSYS Credit Card Processing Fees

May 1, 2024

TSYS Credit Card Processing Fees, Updates, and Interchange Rate Increases (2024) Last Updated 5/1/2024 This is the beginning of a new era to reveal how credit card processing companies are adding hidden fees, downgrading interchange rates, and implementing surcharges...