Can I Reprogram My Credit Card Machine For Different Processors?
Businesses that are considering switching credit card processors wonder, “Can I use my credit card machine with another processor?”
Businesses that are considering switching credit card processors wonder, “Can I use my credit card machine with another processor?”
Tiered merchant account pricing is currently the most common form of pricing for credit card processing services. Tiered pricing is opaque, expensive and is the vehicle for many of the hidden fees that plague the credit card processing industry.
It’s not enough to simply read a merchant processing statement; the real goal is to understand what you are reading, where your money is going, and to determine whether your business has competitive credit card processing fees.
All merchant accounts have a contract and a term; some merchant account contracts have an early termination fee.
Asking the question “what is a good interchange plus rate?” is like asking the question “how much does a car cost?” Neither question can be answered accurately without first knowing several supporting details.
Sam’s Club Merchant Services isn’t the best choice for businesses that want competitive credit card processing services.
Visa’s International Acquirer Fee is one of several assessment fees that apply to Visa transactions. It often applies in conjunction with the International Service Assessment (ISA) Fee.
Visa charges a fee for settlement requests. It’s called a settlement network access fee or a Base II fee.