Interchange Fees
Visa CPS Supermarket Interchange
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CPS Supermarket is an interchange category used to determine the fee for Visa cards used at grocery stores when the card is present and a customer’s signature is obtained.
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Interchange Fees
Visa CPS/Restaurant
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CPS Restaurant is the Visa interchange category that is used to calculate the interchange cost for card-present transactions that take place at a restaurant, including fast food businesses.
ecommerce
Shopify vs. Volusion vs. BigCommerce: What Should You Use?
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There’s a lot to consider when starting your own ecommerce website, but we’ll help sort it out in this comparison guide. We’ll look at the most cost-effective solutions from the three big providers in the ecommerce space, Shopify, BigCommerce, and Volusion. Continue reading for details about monthly fees, transaction costs, payment solutions, marketplaces, social media …
Shopify vs. Volusion vs. BigCommerce: What Should You Use? Read More »
Credit Card Processing
POS System Cash Register Replacement
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However, a POS is more than just a cash register replacement. These systems are part of an integrated business platform that can scan, process, and track transactions, manage inventory, streamline accounting, enable customer marketing, and much more. If you’re looking to update the technology in your business, a simple cash register won’t do. Here are …
Credit Card Processing
TransArmor Security
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Note: TransArmor was originally developed and offered by First Data, who has since been acquired by Fiserv. TransArmor is still available under that name, but is now considered an offering from Fiserv. Owning a business is complicated and it can be difficult to completely protect yourself from data breaches. Whether you have store and distribution …
Credit Card Processing
Braintree vs. Stripe: Which is Better for Online Payments?
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This Braintree vs. Stripe review will cover a number of different facets of the two services to help you make the right choice for your online business. What are online payment gateways? A payment gateway is the technology that allows you to take payments online. Gateways are integrated into ecommerce stores to authorize card payments, …
Braintree vs. Stripe: Which is Better for Online Payments? Read More »
Credit Card Processing
Credit Card Processing Downgrades at Interchange
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Interchange downgrades aren’t exactly a fun topic, and they can be a little complicated to explain. However, there are very real costs associated with them, and too many downgrades means throwing money down the drain. Fortunately, downgrades are an avoidable expense. The issue is that a processor’s expertise is required to recognize and address downgrades. …
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Interchange Fees
CPS Rewards 1 and Signature Preferred- Visa Interchange
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CPS Rewards 1 is a Visa interchange category that is used to calculate the interchange fee for swiped transactions involving a credit card that produces rewards for the cardholder, such as cash back, or airline miles.