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Merchant Statements
Unfortunately, unethical billing is more common than we’d like to believe. Some Merchant Account Providers will squeeze terms and fees into their merchant contracts that only harm the businesses they claim to serve. Due to the nature of these terms, most business owners don’t realize they’re unfairly locked into a contract until they’re looking to exit their merchant credit card processing agreement. Payment Processing Demo Schedule 15 minutes with a payments expert Get a customized PayJunction product walk-through Understand requirements and pricing Determine your SAVINGS! GET DEMO NOW
READ MOREThere’s a lot to consider when you’re starting a new business or even just updating your payment processing; and your rate plan can greatly impact your bottom line. We’re going to review two common rate plans side by side: Flat vs. Tiered pricing.
READ MOREIf your business is on Interchange pricing, you may think you have the most transparent rate plan. This is a fair assumption, so long as you’re being charged true Interchange.
READ MOREMerchant Account Providers practice unethical billing in various ways, but some don’t stop at a hidden markup in wholesale costs or forgotten Interchange refunds on returns. Some providers go as far as increasing your processing fees for the volume you process in a given month.
READ MORESo far, we’ve covered how some Merchant Account Providers practice unethical billing when charging you, but providers can also be deceptive when your business runs a return. In part five of this series, we will uncover how some providers intentionally fail to reimburse Interchange on returns.
READ MOREYou're setting up your company’s credit card processing and are considering your rate plan options. If you’re concerned about costs, you’ve likely narrowed your research to Tiered and Interchange plus pricing.
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