Credit Card Processing

Non Qualified Rate: A Figment of Your Processor Imagination

If so, you’ll be really happy to learn that non-qualified rates are nothing more than a figment of your processor’s imagination 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 forever. The Frustration of…

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Are you looking at your credit card processing statement every month while banging your head against the wall trying to figure out how to lower your non-qualified credit card processing fees?

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Credit Card Processing

Visa Network Participation Fee

We’re leaving this article here for historical reference, but will not be updating it. Instead, new information about the Fixed Acquirer Network Fee (FANF) can be found at the post linked above. Visa has announced a new Network Participation Fee and pricing structure in response to the Durbin Amendment. Part of the amendment allows merchants…

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Visa has scrapped what it was calling the Network Participation Fee in place of the Fixed Acquirer Network Fee due to become effective on April 1, 2012.

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Credit Card Processing

Credit Card Processing Fees & Rates

First of all, what does “credit card processing fees” actually mean? There are several different rates and fees that make up your total processing cost. In this article I’ll explain the different aspects that contribute to the fees to give you a solid understanding of who’s charging what and which areas of cost you can…

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Credit card processing fees seem complicated. But take away the sales jargon and it makes more sense.

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Credit Card Processing, Interchange Fees

Interchange Rates and Fees

Often shortened from “interchange reimbursement fees,” interchange refers to a set of categories that are used to determine the rates for individual card transactions. Every category has requirements for eligibility and a rate associated. Interchange can be a complex topic. For the purposes of this article, we’ll include a simplified overview, and a detailed explanation….

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Accepting credit cards at a business comes with costs. The largest portion of the costs is known as interchange.

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