CardPointe by CardConnect
CardPointe is a processing solution available through CardConnect, designed to make transaction processing easier and safer.
CardPointe is a processing solution available through CardConnect, designed to make transaction processing easier and safer.
Payment processing company Square has built a reputation on offering simple, flat-rate credit card processing for small business. The well-publicized 2.75% rate was a good deal for businesses with small average transactions or low monthly credit card sales, but the company no longer offers that rate.
Visa’s Business Card Level II (US COMM L2) is an interchange category used to calculate the interchange fee for card-not-present transactions made with a business credit card.
A sneaky thing is going on with the cost businesses pay to accept American Express cards. Changes have made it cheaper than ever to accept Amex, but business’ credit card processing statements aren’t reflecting the cost reduction.
Anyone who has made a purchase online in the past decade is likely familiar with PayPal.
You’re probably already aware that you pay an interchange fee anytime a customer pays with a credit card. Interchange fees are generally the most expensive component of credit card processing costs, and they’re non-negotiable.
Anyone who comes across Fattmerchant probably perks up at the promise of no markup for credit card processing. The ability to take credit cards and not have to pay a markup to the processor? Sounds great! But before you rush to sign up, let’s take a look at what it really means and how to accurately compare your options.
Electronic Interchange Reimbursement Fee (EIRF) is a Visa interchange category that indicates a downgrade. Transactions qualify for EIRF when they don’t meet the criteria for categories with lower rates.