Accounting and Finance

BlueVine: Invoice Factoring and Credit Lines for Liquidity

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We’ve previously discussed invoice financing, in which a company uses your business’s outstanding invoices as collateral to finance a loan. BlueVine takes this concept one step further by offering invoice factoring. The company partners with FundThrough to provide more capital and flexibility. In this BlueVine review, we’ll look at what that entails and when it …

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Credit Card Processing

Mastercard Account Status Inquiry Fee

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Currently, Mastercard sets the Account Status Inquiry Fee at $0.025. Mastercard Processing Fees The fees that Mastercard charges for credit card processing are called assessment fees. They’re one part of the total cost to process a credit card, along with interchange and the processor’s fees. Assessments are non-negotiable, and ideally, will be passed to you …

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Credit Card Processing

Assessments: Discover International Processing Fee and International Service Fee

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If you take a Discover card that was issued outside the US, you’ll be subject to international processing fees. Discover Assessments Assessment fees are a non-negotiable component of credit card processing costs. Assessments are set by the card brands and are the same for everyone. Therefore, it is not possible to negotiate lower assessment costs. …

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