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Merchant Surcharge – What is It and How Does it Work?
Merchant surcharge rules are contentious and continue to be a source of debate in the United States. A merchant surcharge program allows for a convenience fee that a business may charge its customers in addition to the base price of an item or service when paying via credit cards and debit cards. Merchant surcharges are
How to Implement a Cash Discount Program and Lower Your Merchant Processing Fees
A cash discount refers to a reduction in the price paid for goods or services which sellers offer customers in order to incentivize cash payments. It’s a common method merchants use to encourage quick payment, reduce fees associated with credit card processing, and improve their cash flow. When implemented correctly, cash discounts programs are completely
How to Read a Payment Processing Statement
The payment processing statement is perhaps the last thing you want to see when you spend your day owning or managing a business. Learn how to read your merchant card payment processing statement by identifying a few key components before requesting a statement analysis from your payment provider. Your merchant card processing statement is a
How Much Does It Cost to Process Credit Cards?
Partnering with a credit card processing company and payment services provider is a great option for growing your business and increasing revenues. However, when business owners first start thinking about accepting non-cash payments, the first question that comes to mind is, “how much does it cost to process credit cards?” What are the advatanges and