Understanding the Effective Rate
Topics: Merchant Payment Processing
The effective rate is the most accurate way to measure the competitiveness of a merchant processing quote. It shows the amount of volume a business pays in credit card processing…
Tips on Choosing a Merchant Processor
Topics: Merchant Payment Processing
A merchant account is required to accept card payments. Use the tips below to avoid these common mistakes when selecting your merchant service provider. 1. Pricing & Rates One of…
Understanding Merchant Account Pricing or Swipe Fees
Topics: Merchant Payment Processing
Interchange fees (the cost from Visa, MasterCard, or Discover) vary based on a number of factors, such as the card type, (premium, rewards, debit, and so on), your standard industry…