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Tag Archives: non-qualified
Hidden processing fees, what most processors aren't disclosing.
Most businesses today have had bad experiences with credit card processors, and rightfully so. The industry is plagued with undisclosed fees, hidden charges and “assessment fees” that often pad your monthly statements. To help you make better decisions when choosing a credit card processor, it’s important to understand how fees are structured and what to [...]
Posted in Credit Card Processing Also tagged assessment fees, credit card fees, discount, hidden fees, high processing fees, MasterCard, merchant account fees, qualified, transaction fee, Visa 1 Comment
Understanding processing rates.
Let me start by saying that processing rate structures are simpler than cell phone rates, but then again most things are. The two rates that get the most attention are the discount rate and the transaction fee, so let’s start with those. The discount rate is the percentage of the transaction that will be deducted [...]
Online Processing Rates