By
In July of 2016, businesses may have noticed a new fee on statements: the CardPointe fee. Charged by CardConnect, the CardPointe fee is a monthly charge that may be added to existing processing fees. What is it, does it affect you, and what are your options? Let’s take a look. What is the CardPointe fee? […]
CardPointe by CardConnect Read More »
By
In 2019, Square did away with its 2.75% rate in favor of 2.6% + 10 cents per transaction. Additionally, the company is now offering equipment leases, a practice that we generally advise against here at CardFellow. Read on to see what these Square fees mean, and what the leasing is all about. Square’s Per-Transaction Fee
Square’s Transaction Fees and Equipment Leasing Read More »
By
Update – in November 2017, Walmart and Visa announced that they are settling the lawsuits. Details of the settlement have not been made public, though Visa made a public announcement that they’re pleased with the settlement decision. We’re leaving the rest of this article for historical purposes. Setting the Stage: PIN vs. Signature The lawsuit
Walmart Sues Visa: Who’s Right? Read More »
By
The Commercial Purchasing Card – Card Not Present (or COMM CNP P) is an interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a commercial purchasing card instead of a consumer credit card.
Visa Purchasing Card Not Present Read More »
By
Corporate Card Level II (also known as US CORP L2) is an interchange category that is used to calculate the interchange fee for card-not-present transactions (including keyed transactions) involving a payment made with a corporate credit card instead of a consumer credit card.
Visa Corporate Card Level II Data Rate (Commercial Level II) Read More »
By
The Business Card – Card Not Present (or COMM CNP B) is an interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a business credit card instead of a consumer credit card.
Visa Business Card Not Present Read More »
By
The Business Card Level II (US COMM L2) is an interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a business credit card instead of a consumer credit card. This interchange category has several rates associated, depending on the ” spend tier” associated. Interchange rate & fee
Visa Business Card Level II Data Rate Read More »
By
Purchasing Card Level II (US COMM L2 P) is an interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a purchasing card instead of a consumer credit card.
Visa Purchasing Card Level II Data Rate (Commercial Level II) Read More »
