Tag: credit card processing fees
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Visa Mastercard Agree on $30b Settlement – What It Means for Online Merchants
In a landmark move that could reshape the landscape of credit card processing, Visa and Mastercard have reached a staggering $30 billion settlement with merchants across the United States. This settlement aims to address long-standing concerns over the exorbitant credit and debit card fees that have burdened retailers, particularly small businesses, for decades. For online…
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Decoding Your Merchant Statement to Lower Credit Card Processing Fees
As a small business owner, maintaining profitability and growth means managing expenses. One area that often goes overlooked is credit card processing fees. These fees can quickly add up, eating into your hard-earned revenue if left unchecked. That’s why it’s important to understand your monthly merchant statement – the detailed breakdown of all the charges…
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Why Credit Card Processing Fees Are So High and How To Lower Them
Are you shocked by how much your credit card processor charges each month? You’re not alone. Credit card processing fees have become a big business, with companies charging upwards of 3% of each transaction. While it may seem like you’re getting ripped off, there are ways to negotiate these fees and bring them down. In…
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Save Money & Qualify for Level 3 Credit Card Processing Rates
Level 3 processing offers lower interchange fees and helps businesses better navigate their data to increase profit and decrease costs. So why isn’t anyone talking about it? Find out what it takes to qualify for Level 3 processing, what additional information you’ll need to provide, how it compares to the other levels of data processing,…
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Inflation, Your Merchant Account, and Rising Credit Card Processing Fees
Inflation is a term used to describe an increase in the general level of prices for goods and services in an economy over time. This can be caused by a number of factors, including increases in the money supply or government policies that lead to lower productivity. Inflation affects every part of your small business,…
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