A credit card transaction fee is a percentage per transaction and a flat fee per transaction. The current average is 2.65% plus $0.10. Prices will vary depending on the entities involved, the pricing model you choose, and other surrounding factors.
Interchange-plus pricing is a type of credit card processing pricing that helps small business owners understand the costs of processing credit cards. Having a clear understanding of costs from all credit card associations and your credit card processor helps business owners avoid paying unnecessary fees or processing more than they need.
Category: weekly, credit card payments
The entire process for credit card processing is a multi-step process between numerous entities. Still, approval for a customer order happens in a matter of seconds. All in all, the entire settlement process takes a few days. This article lays out each entity and each step in the process.
This article explains types of credit card fraud and provides steps for what to do, as a merchant, if you suspect credit card fraud.
This article examines why cybersecurity measures are vital to your business and offers ways to better secure your business.