Credit Card Processing
(Evil) Tiered Pricing Merchant Account Services
By
Tiered pricing is an opaque and expensive merchant account pricing model.
By
By
Credit Card Processing
Reading A Credit Card Processing Statement
By
This article will provide the general steps and knowledge necessary to decipher your small business credit card processing statement, and will link to detailed examples of actual statement analyses that will allow you to follow along as we dissect various merchant account statements. Existing Clients: If you used CardFellow to find your current processor and …
Accounting and Finance
Online Sales Tax Rules for Ecommerce Businesses
By
This decision overturns a 1992 ruling in Quill Corp. v. North Dakota in which the Supreme Court ruled that a business must have a physical presence in a state for that state to require it to collect sales taxes. That means that any online business did not have to pay sales tax in states where it did …
Credit Card Processing
Contract = Good, Termination Fee = Bad
By
A contract does not equate to a cancellation fee and having a contract term end is not really a good thing.
Credit Card Processing
What is a Good Interchange Plus Rate?
By
Getting a low interchange plus rate is important, but the rate is just a drop in the bucket.
Credit Card Processing
Sam’s Club Merchant Account Services – Buyer Beware!
By
Not too long ago, CardFellow posted an evaluation of Costco merchant accounts that found Costco’s service to be very disappointing. Undeterred, I decided to take a look at the merchant services offered by Sam’s Club to see if Costco’s big-box competitor fares any better. As it turns out, Sam’s Club Merchant Services uses the same …
Sam’s Club Merchant Account Services – Buyer Beware! Read More »
Credit Card Processing
Visa International Acquirer Fee
By
Despite how it sounds, you may incur the international acquirer fee even if you don’t think you take international payments. That’s because the fee applies to transactions in the United States made with cards issued outside of the United States. If a foreign customer uses their card at your business, the fee will apply. Visa …
Credit Card Processing
Visa Base II Fee or Settlement Network Access Fee
By
Visa charges a number of different fees, called assessment fees. Every time you accept a Visa card, assessments apply. The Base II fee, or settlement network access fee, is one of those assessment fees. As of 2018, Visa sets the Base II fee at $0.0025. What is Visa Base I and Base II? Visa’s processing …
Visa Base II Fee or Settlement Network Access Fee Read More »