-
Interchange Plus Pricing vs. Flat
For starters, there are more rate plans for your business to consider than just Flat and Interchange plus pricing. That said, comparing too many options at once can be overwhelming; therefore, we’re going to focus on only two plans to simplify things a bit.
Christina Lavingia
READ MORE
-
What Is a Payment Facilitator?
Have you ever heard of Square, Stripe or PayPal? You might be surprised to learn that these recognizable names in the payments space are Payment Facilitators. There are numerous middlemen involved in credit card processing, and depending on your size and needs, different ones will prove most advantageous for you.
Christina Lavingia
READ MORE
-
Credit Card Processing: Am I on the Correct Rate Plan?
Anyone who has researched credit card processing rates will probably tell you different iterations of the same story, all of which can be summed up to this: it is a frustrating chasm of mystery that will lead you to far more questions than answers.
Casey Russell
READ MORE
-
What Is Credit Card Interchange?
Credit card Interchange is the wholesale cost to process a credit card transaction and is typically comprised of a percentage of the transaction plus a fixed dollar amount (e.g., 0.5% + $0.10). The cost directly relates to the level of risk or reward associated with the transaction. For example, a business rewards card will have a higher Interchange cost than a debit card.
Ursula Librizzi
READ MORE
-
How to Calculate Your Credit Card Processing Effective Rate
When a business is considering taking credit card payments, there are several questions that should be answered before they select a partner, including the following:
Casey Russell
READ MORE
-
What Does Credit Card Processing Cost?
There are a number of payment providers that enable you to accept credit cards. Whether you interact with them directly or not, there are a handful of fees you have to pay for the privilege of accepting plastic.
Christina Lavingia
READ MORE