Visa CPS Supermarket Interchange
CPS Supermarket is an interchange category used to determine the fee for Visa cards used at grocery stores when the card is present and a customer’s signature is obtained.
CPS Supermarket is an interchange category used to determine the fee for Visa cards used at grocery stores when the card is present and a customer’s signature is obtained.
“CPS Restaurant” is the beginning part of several fee categories that relate to what restaurants will pay to accept Visa consumer debit and prepaid cards.
You probably already know Square as one of the most popular choices for taking credit cards using a smartphone. The Square POS system is also an increasingly common choice for in-store payments, especially for businesses with smaller transactions, like coffee shops. But what about online payments?
Ecommerce has fundamentally changed how we act as consumers, with 7.5% of all US retail transactions happening online. It’s an exciting time to be a retailer, and the days of having to setup an ecommerce store from scratch are long behind us.
The most vital tool for any business is a machine to process sales.
It wasn’t that long ago that the only affordable option available was a basic cash register, which included a cash drawer, receipt printer, and occasionally a card reader. These days, advancements in technology have replaced the basic cash register with more advanced point-of-sale systems.
Also now called Clover Security, TransArmor is a suite of anti-fraud tools available from credit card processor Fiserv (formerly First Data.)
The online payment market is getting more and more crowded. While greater competition is good for businesses, the sheer number of payment providers can be overwhelming. Here, we’ll take a look at two of the most popular options, Braintree and Stripe, to see which is better for ecommerce and online payments.
The term “downgrade” gets thrown around a lot in credit card processing, but what does it actually mean?