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Merchant Services and Credit Card Processing

Credit Card Processing Rate Increases: North American Bancard

Apr 14, 2020

Credit Card Processing Rate Increases: North American Bancard January 2020 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 to charge businesses more...

Credit Card Processing Rate Increases: Global Payments

Apr 10, 2020

Credit Card Processing Rate Increases: Global Payments January 2020 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 to charge businesses more than they...

Credit Card Processing Rate Increases: Vantiv-Worldpay-FIS

Apr 8, 2020

Credit Card Processing Rate Increases: Vantiv-WorldPay-FIS January 2020 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 to charge businesses more than...

The Process of Tokenization

Apr 3, 2020

The Process of Tokenization Proper data security is vital for all businesses. Customers want to know that their personal information is being protected at all times. Credit card processing is arguably the most important data that must be safeguarded. Consumers must...

Visa and Mastercard Push Back Interchange Fee Changes

Mar 30, 2020

Visa and Mastercard Push Back Interchange Fee Changes Visa and MasterCard have announced all credit card interchange fee adjustments for merchants will be pushed back from April to mid-July, due to the COVID-19 pandemic. While the timeframe has changed for the roll...

How to Optimize Debit Card Routing

Mar 26, 2020

How to Optimize Debit Card Routing Most merchants are under the assumption that their routing systems are optimal. That’s because credit card processors have sold them on the concept of dynamic routing. However, if you take the time to truly assess your debit card...

Interchange Fees Increasing April 2020

Mar 17, 2020

Interchange Fees Increasing April 2020 The payment processing world is going through some significant changes. Effective April 2020, the interchange fees (also known as swipe fees) for the major card networks will have some adjustments. Visa sent a document that...

Interchange Downgrades: How to Avoid Them

Mar 12, 2020

Interchange Downgrades: How to Avoid Them Any company accepting credit cards is likely familiar with interchange fees. If you’re not or you need to brush up on your knowledge, check out our complete guide to interchange fees and rates. In the simplest possible terms,...

Beginner’s Guide to EMV Chip Cards

Feb 10, 2020

Beginner’s Guide to EMV Chip Cards Early EMV technology has been around for more than two decades. However, the rollout of EMV chip cards and terminals didn’t migrate to the United States until 2012. Over the last several years, EMV has slowly become the new-norm in...

Visa Is Planning the Biggest Changes to Swipe Fees in a Decade

Feb 4, 2020

Visa Is Planning the Biggest Changes to Swipe Fees in a Decade Visa is planning the largest to changes to interchange fees in nearly a decade. Pending on your business type this could be good news or bad news. Higher rates are in plan for transactions on e-commerce...