VCMP and VFMP
The Visa Chargeback Monitoring Program and the Visa Fraud Monitoring Program–and what changed in October 2019
Archives: Knowledge Hub
Card Brand Fees 101
Have you received your merchant services statement recently and wondered what all the fees mean? It’s not uncommon for those new to credit card processing services to be a bit confused by all of the charges that may come with your invoice.
Interchange Plus Pricing vs. Tiered Pricing vs. Blended Pricing
All payment transactions attract interchange fees, regardless of the transaction type. An example to consider: “Transaction” may represent a completed sale, or a result of card refused. Both attract an interchange rate, regardless of the processing outcome.
Mastercard Interchange for Restaurants
If you run a restaurant, you probably don’t have time to think too much about credit card processing rates. However, understanding them can only help your bottom line.
Payment Aggregator
Online statistics firm Statista predicts that more than 100 million Americans will use peer-to-peer payments in 2020 due to the convenience and simplicity that payment aggregators offer. However, there’s more that you should know about how payment aggregators operate if you choose to put your faith in the hands of PayPal or Square when starting your business.
