Fixed Acquirer Network Fee (FANF) Visa
Visa’s Fixed Acquirer Network Fee (FANF), previously called the Network Participation Fee (NPF), is a monthly fee that affects all businesses to a varying degree.
Are Credit Card Processing Fees Negotiable?
Some credit card processing fees are negotiable, and some aren’t. If you’re looking to lower credit card processing fee, put the spreadsheet aside for a moment and read this article before you call another processor to ask the fateful question, “What’s your rate?”
Understanding American Express Merchant Services
In the past, American Express was the most expensive credit card to accept; a reputation that it hasn’t shaken despite introducing a new pricing structure to bring costs more in line with other card brands.
Contract = Good, Termination Fee = Bad
All merchant accounts have a contract and a term; some merchant account contracts have an early termination fee.
What is a Good Interchange Plus Rate?
Asking the question “what is a good interchange plus rate?” is like asking the question “how much does a car cost?” Neither question can be answered accurately without first knowing several supporting details.
NABU Fee – Network Access Brand Usage
If you accept Mastercard at your business, chances are you’ve seen a Network Access Brand Usage (NABU) fee on your credit card processing statement.
Mastercard Cross Border Fee
Mastercard’s Cross Border Fee is one of many possible assessment fees. If you accept Mastercard at your business, you may see a cross border fee on processing statements.
Less Discount Paid Means Less Money for You
The phrase “less discount paid” on a processing statement can be confusing. It actually means the amount that you’ve paid in processing fees already.