In this article, we’ll explain what merchant account fees are, which fees are commonly charged, and how much you should expect to pay for them. We’ll also give you some tips on how to avoid being surprised by a “hidden” fee and offer some suggestions to help you lower your merchan...
In this article, we’ll explain what credit card interchange fees are, average interchange fees, and which factors determine how much you’ll pay for a given transaction. We’ll also show you how these fees fit into each of the different processing rate plans that your merchant account might...
Credit card fees are the charges merchants need to pay for each debit or credit card transaction made to their merchant accounts. These fees may vary based on factors such as type of transaction (card present orcard-not-present), the type of credit cards you accept and the payment processor...
What fees are charged with merchant accounts? To accept debit and credit cards, businesses commonly use a merchant account. A merchant account is a designated account for the payment processor to send your transaction funds until they’re settled. You do not have access to the funds in your ...
In this piece, we’ll explain what a merchant of record is — and why using one can make it much easier for software companies to go global. What Is a Merchant of Record? Amerchant of record (MoR)is the legal entity that sells goods or services to a customer. Companies can be their...
Merchant Service Fees Merchant Service Pricing Models Settlements Chargebacks Support Troubleshooting InvoicesReceivable General FAQ’s What is a payment gateway? A payment gateway links your web site to the credit card processing companies and your merchant account. When your customer enters his or he...
So let me explain. If your average transaction amount is less than $10.00, then 2.5% could be an acceptable rate. But if your average transaction amount is more than $100 then it requires a little more in depth analysis of the customer demographic. Like what type of credit cards do most...
Business credit cards can come with some great rewards programs. We'll explain what to look for when finding the best business credit card. If you have a small business or large company - you should have a top business credit card with rewards.Business Credit Cards ...
Bay State Merchant Services provides affordable credit and debit card processing with free equipment and low rates. Learn More Dual Pricing With “no fees processing”, you can begin to reward cash customers, and likely see an increase in cash paying customers. Learn More POS Systems ...
company with a reputation for quality and honesty. We have built our successful business on trusted partnerships. Our company is well respected within the industry. By striving to educate rather than sell, our merchants have a much clearer picture of what the fees are and who those fees go ...