Discover Data Usage Fee
The “Data Usage Fee” is an assessment charge Discover imposes when you accept Discover cards at your business.
Mastercard Digital Enablement Fee
Wondering about the “digital enablement fee” on your credit card processing statement? Mastercard’s Digital Enablement Fee is a charge to businesses that accept card-not-present transactions, such as those made on ecommerce websites.
Free POS System – What’s the Catch?
You know the saying: there’s no such thing as a free lunch. Yet some companies promote “free” POS software or systems, so what’s the catch?
WordPress, Woocommerce, and Wix – What Should You Use?
When it comes to selling products online, ecommerce entrepreneurs have never had more choices — from specialized ecommerce services like Shopify or Volusion through to bespoke ecommerce websites, there are plenty of options for online retailers.
Venmo for Business
With bill splitting apps like Venmo rising in popularity, especially among younger demographics, many businesses are wondering about accepting those payment methods directly. While Venmo does allow for business use, there are limitations – as well as some concerns – to be aware of.
High Risk Merchant Accounts
In credit card processing, certain businesses are considered “high risk” and will need a processor that specifically supports those business types. But there’s some confusion about what exactly “high risk” means.
Saving Money with Interchange Optimization
Interchange optimization goes beyond the basics of credit card processing. It’s about making sure that your interchange charges (the fees going to the banks that issue credit cards) are optimal for your business and that you’re avoiding downgrades.
Instant Payments – Changes are Coming
The world of payments and processing does not evolve quickly. While we’ve seen recent technological improvements through EMV chip cards and NFC/contactless payment methods, other parts of the payment processing ecosystem are slower to change.