Intuit Merchant Services = Hidden Fees & Fine Print

Intuit markets its credit card processing services under a few different brands such as Intuit Payment Solutions, Innovative Merchant Solutions, QuickBooks Payments, and GoPayment. Whatever it's called, Intuit Payment Solutions is an expensive way to process credit cards. In this article, we'll look at Intuit's current fee structure and how to d...

EMV & Smartcards: Modern Credit Card Technology

Note: The official liability shift for chip cards happened in 2015. We're leaving this article for historical purposes and because it provides general information about EMV chip technology. While there were costs associated with a transition to EMV, benefits came in the form of increased security, reduced fraud, and even expanded marketing oppor...

GoPayment - A Costly Mistake!

GoPayment is consistent with the high rates, bundled pricing and fine print that plague Intuit credit card processing services in general. There are several alternatives to GoPayment that offer lower rates, more transparent pricing, and easier sign up. Rates & Fees Pricing for Intuit's GoPayment service depends primarily on whether you use ...

Square Review, Rates & Fees

Square has oversimplified credit card processing. This has allowed the company to grow rapidly, but at the expense and frustration of many of its users - frustration that comes in the form of deposit limits, frozen funds, and poor customer service. That's not to say you shouldn't use Square. Just be aware of the pros and cons before signing up b...

PCI Non Compliance Fee: An Expensive Reminder

Keep in mind that Visa and Mastercard don't impose fees on businesses that are PCI non-compliant - that decision comes from your processor, so it's purely a for-profit charge for them. Processors are not required to charge you a non-compliance fee. Let's take a closer look at PCI non-compliance fees and how you can avoid them. What is PCI? PCI...

PCI Compliance Fee: Legit or Rip Off?

Some credit card processors charge a PCI fee and provide no compliance support, others charge a fee for providing compliance scanning and assistance, and some don't charge a fee at all. So how do you know if you're being charged fairly? Let's take a look. What is PCI? PCI DSS stands for Payment Card Industry Data Security Standard, and it's essen...

PCI Compliance is Required - Now Validation is, Too

Every business that takes credit cards is required to comply with PCI standards, no matter how few credit card transactions it processes. What is PCI? PCI stands for "Payment Card Industry," and it's the first part of two-part acronym that refers to security guidelines for businesses that accept credit cards. The full acronym is PCI DSS, which st...

Visa, Mastercard Settlement & Your Business

The suit, which dates back to 2005, accuses the card networks and banks of conspiring to fix interchange fees that businesses pay to process credit and debit cards. The settlement is seen as a victory by many fighting for interchange reform, but at least three plaintiffs in the case feel it doesn't go far enough. Update: December 13, 2013 -- Acco...

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