Stax

JANUARY 15, 2024

It’s mandatory for all merchants and service providers that accept credit card payments. They’re classified into four levels based on the volume of credit card transactions they process. It’ll help you determine if they can accommodate your business growth, particularly a sudden spike in credit card transactions.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

Payment Savvy

JULY 3, 2024

Transaction Volume: Higher transaction volumes can sometimes qualify businesses for lower fees, as some processors offer volume-based discounts. The average fee per debit card transaction is approximately $0.44, according to the Federal Reserve. Typically a small percentage of transaction volume.

Debit Card 52

Debit Card Process Debit Transaction Processors 52

Stax

NOVEMBER 15, 2023

Be proactive in discussing your processing rates and ask for competitive pricing, especially if you have a high transaction volume. Optimize transactions for lower rates Review your card acceptance policies. There are plenty of benefits to the surcharging model.

Credit Cards 88

Credit Cards Processors Assessments Non-Bank 88

EBizCharge

JUNE 28, 2024

It’s imperative for merchants to calculate these fees accurately and ensure that any surcharge reflects the true cost of processing to remain compliant with card network rules and avoid the appearance of price inflation. Consequently, merchants cannot profit from these fees; their purpose is solely to cover processing costs.

Credit Cards 52

Credit Cards Legal Debit Card Disputes 52

Segpay

FEBRUARY 28, 2024

Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. Always verify total processing costs for each card brand at projected volumes. per transaction, these fees originate from payment networks but disproportionately benefit processors.

Processors 52

Processors IRS Push-to-Card Non-Bank 52

The Payments Association

JANUARY 20, 2025

In most cases, card network rules state that cardholders have up to 120 days from the date they purchased to file a chargeback. Compounding this issue is the fact that chargebacks are unpredictable and vary in cadence.

Disputes 88

Disputes Returns Card Network Rules Volume 88