Category Archives: Interchange Rates

What Is your NET EFFECTIVE Rate for processing credit/debit cards?

Tweet Have you ever experienced frustration trying to figure out exactly what you are paying for the “privilege” of accepting plastic in your business? There seems to be so many miscellaneous fees on Merchant statements and it keeps getting more … Continue reading

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HOW TO READ YOUR MERCHANT SERVICES STATEMENT

Tweet For more than two decades that I have been in the merchant services business. I have frequently been shocked by how many merchants hand me unopened merchant statements, for review.  They often tell me that they are just too … Continue reading

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Compare Current versus Past Merchant Statements

Tweet Happy mid-May to you.  Hopefully where you are, the weather is in full blown spring mode….unfortunately, here in west Michigan, we’re still experiencing 30-40 degree temps at night with highs only in the 50’s and 60’s….YUK!  Usually by this … Continue reading

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Merchant Surcharges for Credit Card Transactions

Tweet For those of you that missed it, check out THIS ARTICLE which was recently posted on Yahoo.  This is not the first of these types of articles and to many, it may seem to be a bit complex.  So, … Continue reading

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Toss The PinPad….Unless!!!

Tweet Way back when debit cards first came on the scene, they were primarily used at the issuing entities ATM to access cash during off hours.  Because they were unbranded, they had very few applications for use other than a … Continue reading

Posted in Business Management, business services, credit card processing, Durbin Amendment, Interchange Rates, merchant accounts, merchant services | Tagged , , , , | 1 Comment