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Merchant Services and Credit Card Processing

Bluefin Processing Rates, Increases, and Updates (2024)

Apr 11, 2024

Bluefin Processing Rates, Increases, and Updates (2024) Bluefin is an integrated payments solution that was founded in 2007. They provide a range of encryption and tokenization technologies to process payment data across different environments—including in-person...

Biggest Credit Card Scams to Look Out For in 2024

Apr 8, 2024

Biggest Credit Card Scams to Look Out For in 2024 Credit card scams continue getting more and more sophisticated every year. In fact, there’s a 46% year-over-year increase in fraudulent credit card transactions, which is why the US alone will experience over $12.5...

9 Signs You’re Overpaying For Credit Card Processing

Apr 3, 2024

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 plastic. ...

Visa/Mastercard Interchange Fee Settlement: Everything You Need to Know

Mar 29, 2024

Visa/Mastercard Interchange Fee Settlement: Everything You Need to Know Disclosure: This page is for informational purposes only and is NOT legal advice. We are just presenting facts associated with the settlement, and we are in no way making suggestions or...

Payment Processing Industry News – March 2024

Mar 27, 2024

Payment Processing Industry News - March 2024 Our team here at Merchant Cost Consulting is always keeping our finger on the pulse in the payments world. Whether it’s a processor increase or a card network update, new technology, or an acquisition, we compile the...

Charge Card vs. Credit Card: What’s the Difference?

Mar 26, 2024

Charge Card vs. Credit Card: What's the Difference? The terms “charge card” and “credit card” are often used interchangeably, but they are not the same. This is a common mistake, as both charge cards and credit cards are used to make purchases and they look nearly...

How to Find Your Merchant ID in PayPal

Mar 25, 2024

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 PayPal...

How Long Do You Have to Dispute a Credit Card Charge?

Mar 21, 2024

How Long Do You Have to Dispute a Credit Card Charge? The Quick Answer: Under US federal law, consumers can legally dispute a credit card charge within 60 days of the statement date. But each credit card network has its own dispute rules, allowing cardholders to...

11 Valid Reasons to Dispute a Credit Card Charge

Mar 19, 2024

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...

What is an Issuing Bank?

Mar 17, 2024

What is an Issuing Bank? The Quick Answer: An issuing bank is a financial institution that issues credit or debit cards to consumers. Also known as an “issuer” or “card issuing bank,” these organizations distribute cards on behalf of credit card companies—acting as an...