Payment Savvy

JULY 3, 2024

Understanding debit card processing fees is important for any business that takes card payments. What Are Debit Card Processing Fees? Debit card processing fees are charges that businesses must pay every time they accept a debit card payment.

Debit Card 52

Debit Card Process Debit Transaction Processors 52

EBizCharge

JUNE 28, 2024

It’s essential to check with legal counsel or financial advisors to align with the latest legal standards and avoid potential penalties or customer disputes. Card types The type of card used in a transaction can dictate whether a surcharge is permissible.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

Stax

JANUARY 15, 2024

Do they favor credit over debit cards? Some may be deterred by the surcharges, but others may prefer credit cards’ convenience. Let’s now proceed to the final compliance that requires your attention: the card networks you engage with. These events burdened cash and debit card users disproportionately.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Stax

NOVEMBER 15, 2023

Additional fees Generally, processors toss in other fees, like monthly statement fees, gateway fees, or chargeback fees if customers dispute a transaction. Optimize transactions for lower rates Review your card acceptance policies. You can also use address verification services (AVS) to make card-not-present transactions more secure.

Credit Cards 88

Credit Cards Processors Assessments Non-Bank 88