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Merchant Services and Credit Card Processing

Payment Processing Industry News – February 2024

Feb 25, 2024

Payment Processing Industry News - February 2024 For a short month, February has still been buzzing with news and updates in the payment processing world. From new fees and rate increases to expansions, new technology, and partnerships, here’s a summary of the biggest...

Merchant Discount Rate Explained

Feb 20, 2024

Merchant Discount Rate Explained If you’ve spent any time shopping around for a payment processing solution, then you’ve likely seen the term “merchant discount rate” thrown around in your search—either by a sales rep or on the provider’s website. Some of you may even...

Visa Surcharging Rules

Feb 12, 2024

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. So...

Do You Need a Merchant Account For Shopify?

Feb 2, 2024

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 get...

Discover Interchange Rates (2025)

Jan 28, 2024

Discover Interchange Rates (2025) Discover updates its interchange fees on a regular basis. But they don't publicly post these rates. Fortunately for you, our team did some digging to keep pace with the Discover's merchant acquirer fees. This post explains how...

Payment Processing Industry News – January 2024

Jan 24, 2024

Payment Processing Industry News - January 2024 We’re just a few weeks into the new year, but payment processing headlines are already making a big splash. This month, we’ve highlighted new rate increases, new laws, and other noteworthy updates worth your attention....

Stripe Interchange Rates (2025)

Jan 10, 2024

Stripe Interchange Rates: Complete Guide to Stripe Processing Fees Stripe is one of the largest players in the eCommerce and subscription payment space. Big companies like Facebook, Lyft, Target, and Under Amour use Stripe to power their payments. Stripe focuses on...

List of Credit Card Processing Companies 2025

Jan 8, 2024

List of Credit Card Processing Companies Searching for a credit card processing company is a difficult task to say the least. With deceptive sale tactics, unregulated credit card processing fees, and an industry full of scam artists, it is difficult to find which...

MCC Codes – Merchant Category Codes (2025)

Jan 6, 2024

MCC Codes - Merchant Category Codes (2025) MCC codes are somewhat of a mystery to some business owners. Even though everyone who processes credit cards has one, it seems like most people don’t understand the significance of MCC codes for payment processing. For those...

Average Credit Card Processing Fees (2025)

Jan 4, 2024

Average Credit Card Processing Fees (2025) "What are the average credit card processing fees I should be paying?" This is the most common question we tend to get asked at Merchant Cost Consulting when merchants are trying to lower their credit card processing fees....