"Less Discount Paid" Defined "Less discount paid" is the term that credit card processing services use to indicate the amount of money that a business has paid in fees throughout a given month. Howeer, in order to determine the total amount paid in processing fees that month, you have to add "less discount paid" to the amount charged at the end of ...

This article isn't going to just give you a list of "best credit card processors" for one simple reason: the "best" credit card processor for small businesses varies depending on the business. That's right. Your industry, average transaction size, monthly volume, and more all play a role in the best fit. The best processor for Jane's restaurant won...

Luckily, plugging the cash flow leak is possible by getting interchange pass through pricing instead of bundled pricing, and knowing what to look for. You don't have to worry about losing money on credit card refunds if you found your processor here at CardFellow. We don't allow processors to structure pricing in such a way that allows for ...

If so, you'll be really happy to learn that non-qualified rates are primarily a figment of your processor's imagination. They are often used to increase profits through the practice of excessive surcharging. Non-qualified rates can be easily avoided, and this article will show you how to rid yourself of non-qualified fees. The Frustration of N...

The Acquirer Processing Fee is sometimes called the Visa Authorziation Processing Fee. Note that Visa charges a separate acquirer processing fee for debit and credit card transactions. The APF for credit card transactions is $0.0195, and the APF for debit card transactions is $0.0155. For debit, the APF only applies to signature-based debit authori...

In fact, Costco doesn't even provide credit card processing. Instead, they outsource merchant services to a company called Elavon. In the past, Costco offered merchant accounts using tiered pricing with bait and switch rates. In short, you will pay through the nose to process credit cards, and you'll likely be stuck doing it until your multi-yea...

What your business pays in processing fees depends on a number of factors, including your industry, the type of card, how you accept cards, if you take PIN or signature debit, and more. It also depends on whether you have a CardFellow wholesale credit card processing membership or if you obtained your merchant account outside of CardFellow. Those w...

Some processors only offer daily discounting, while others offer a choice. If you open a merchant account that lets you choose, monthly discount is usually the better option. Let's look at the differences between daily and monthly discount. Difference Between Daily and Monthly Discount The names give it away. With monthly discount, your process...