PayJunction Blog

Real solutions to streamline your business.

Featured Resource: Assess Your
Merchant Statements

Credit Card Processing Fees Small Businesses Should Be Aware Of

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 provider.
Christina Lavingia 10/26/2017 READ MORE
Correct Merchant Credit Card Processing Setup on Tiered Accounts

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?
Ursula Librizzi 9/26/2017 READ MORE
6 Questions to Ask If You Don’t Understand Your Merchant Statements

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 identify the following six questions which we encourage every business owner to consider.
Casey Russell 8/31/2017 READ MORE
How MCC and SIC Codes Impact Credit Card Processing

It’s no surprise that there are various types of businesses. However, you might not know that there’s a formal classification system for businesses that can impact their credit card processing.
Christina Lavingia 8/22/2017 READ MORE
How to Read a PayJunction Merchant Statement on Tiered Pricing

At PayJunction, we provide a detailed breakdown of our customers’ bills each month, which we’ll show you how to read below. For customers on Tiered pricing, transactions fall into three or four price tiers dictated by the risk or reward associated with the transaction — the higher the risk (e.g. keying in a transaction) or reward (e.g. an airline miles card), the higher the cost.
Ursula Librizzi 8/3/2017 READ MORE
How to Read a PayJunction Merchant Statement on Interchange-Plus Pricing

At PayJunction, we provide a detailed breakdown of our customers’ bills each month, which we’ll discuss in detail below. For customers on Interchange-plus pricing, transactions are charged based on their wholesale cost (as dictated by the card brands Visa, MasterCard, Discover and Amex) plus a consistent provider markup.
Christina Lavingia 8/1/2017 READ MORE