Who Really Benefits from Surcharge Fees?
Surcharging has become increasingly popular across a multitude of industries. However, this strategy carries potential risks related to compliance, customer relations, and setup challenges.
Insights
Making Sense of the Visa Monopoly Lawsuit for Business Owners
The Visa antitrust lawsuit alleges that business practices stifle competition, inflate fees, and harm consumers and business owners.
New PCI DSS Requirements: Stay Compliant and Avoid Paying Penalties
With full compliance required by March 2025, now is the time for all merchants to make sure they understand the new requirements, what’s changing, and how to prepare.
POS Equipment: How to Get the Best Deal and Avoid Hidden Costs
It’s essential to choose the right restaurant POS system for your business, as it can drive cost savings and help reduce credit card processing fees.
Seismic Shifts Happening in the Software Integration Landscape
The biggest fee increases we saw in 2023 came not from card brands, but from tech enabled, integrated payment processing and subscription-model services with exclusive processor relationships.
What Every Business Owner Needs to Know About Credit Card Processing
Credit card spending has more than tripled in the last decade. For merchants accepting credit cards, that means billions of dollars in processing fees. But while processing may be big money, very few people understand the ins and outs of...
Top Ten States with Highest Swipe Fees
Credit card processing fees are an inescapable part of doing business. And though it’s well known that American-based businesses pay more in swipe fees than their European counterparts—what most people probably don’t realize is that even some states have higher...
New Surcharge Law for New York State
On February 11, New York became the latest state to institute guidelines and regulations regarding surcharging programs which pass the cost of credit card acceptance to consumers.
Double Trouble: PCI Compliance, the HIPAA Overlap and How to Mitigate Your Practice’s Risk
What every medical and dental practice manager needs to know Any business that accepts credit cards needs to take precautions to protect their customers’ personal data, but that is even more important for medical and dental practices which store precious...
What’s Hiding in Your Merchant Statements
Are You Being Overcharged? If you have that sinking feeling that you are paying more for merchant services than you should be, you are not alone. More than 72% of businesses are being overcharged. And if you are familiar with...
[Updated 2024] Magnetic Stripes to EMV Cards: The Business Impact
Forget about swiping, the new standard is the tap Have you tried to swipe your credit card only to get an error message asking you to insert or tap your card instead? This now common occurrence began in 2021 when...