Is Stripe Chargeback Protection Worth It?
In June 2019, Stripe announced a chargeback protection program. For an additional fee, Stripe will cover the cost of some disputed transactions. That sounds good, but is it actually worth it?
Mastercard Merchant UCAF Interchange Fees
Mastercard’s Universal Cardholder Authentication Field (UCAF) interchange categories determine the interchange fees a business pays if it uses Mastercard SecureCode.
Is the Payment Card Settlement Legit?
If you received a notice of a class action lawsuit claiming you may be affected by a payment card settlement, you’re probably wondering if it’s legitimate. It is, but there are some important things to know.
Mastercard Interchange Fees for Restaurants
Restaurants that accept Mastercards may see specific restaurant interchange fees or general fees. That’s because Mastercard has restaurant-specific categories for some cards, but not others.
Mastercard Merit 1 Interchange Fees
Merit 1 (or Merit I) is a set of Mastercard interchange categories that dictate the rates for certain Mastercard payments.
CPS Car Rental and CPS Hotel – Card Not Present Interchange
CPS Car Rental, CPS Hotel, and CPS Passenger Transport are interchange categories that determine the interchange fees a business in one of those industries pays to accept a debit or prepaid card online or by keying it in.
CPS Hotel and CPS Car Rental Card Present Interchange
“CPS Hotel” and “CPS Car Rental” are Visa interchange categories that determine the rates and fees a hotel or car rental agency will pay to accept debit or prepaid cards in person.
Visa International Card Not Present Interchange
The international card not present interchange categories determine the fee a U.S.-based business will pay to accept an international Visa card online or by keying in card details.