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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 Ma...READ MORE
You 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 MORE
It can seem unfair to be charged money simply for the privilege of accepting credit card payments at your small business. After all, not accepting credit cards could result in a significant amount of money left on the table and often isn’t feasible when your goal is to generate enough revenue to kee...READ MORE
As a small business owner, you may or may not be familiar with the basics of credit card processing, depending on whether this is your first business. There are numerous middlemen to familiarize yourself with and questions to ask yourself to ensure that you’re partnered with an ethical, honest provi...READ MORE
There are a number of factors to consider when setting up your merchant credit card processing. Which Merchant Account Providers are trustworthy? Which one offers the best product? Which one will treat you like a valued customer?READ MORE
We understand that trying to read your merchant statements can range from frustrating to downright impossible. We can relate to this even though our risk department reviews hundreds of merchant statements every month. Our combined years of experience analyzing merchant statements have allowed us to ...READ MORE