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Featured Resource: Assess Your
Merchant Statements
MasterCard announced that its assessment fee will increase to 0.13% effective April 8, 2018. The card brands update their Interchange guides biannually in October and April. This change will represent a 0.0025% increase from MasterCard’s October 2017 rate of 0.1275%, equating to an extra $0.13 in MasterCard assessment fees for every $5,000 processed per month.
READ MOREAll four card brands (Visa, MasterCard, Discover and Amex) provide written rules and regulations for processing their cards to ensure sound business for all. MasterCard recently changed its standards around determining card validity at checkout.
READ MOREIt can be challenging to manage patient payments, especially if you operate a membership or concierge model for your medical practice.
READ MOREYou may sometimes wonder if the payments industry has your best interest in mind. At PayJunction, we believe in ethical billing, as we’ve outlined in our ongoing unethical billing series. Our goal is to educate the business community about unfair billing practices.
READ MORENew businesses have many options when it comes to collecting money for their goods or services. In a nutshell, the job of a small business insurance broker is to help these business owners protect as much of that money as possible.
READ MORECan brick and mortar stores thrive in a digital age? Definitely – provided they know how to make themselves stand out.
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