The Payments Association

JUNE 16, 2025

The research examines how digital transformation and shifting customer expectations are transforming payment strategy into a key differentiator in customer experience and business growth. The methodology combines quantitative analysis of operational metrics with qualitative assessment of strategic priorities.

Innovation 88

Innovation Cross-Border Fraud Prevention Payments 88

EBizCharge

MAY 5, 2025

Credit card processing fees are comprised of several fees, such as: Interchange fees: Interchange fees are paid to the card-issuing bank and typically consist of a percentage of the total transaction amount plus a small, fixed charge. Assessment fees: Assessment fees are imposed by major credit card networks (Visa, Mastercard, etc.)

Credit Cards 52

Credit Cards Small Business Process ACH 52

Stax

MAY 6, 2025

With this pricing structure, the payment processor separates the interchange fees for processing payment. Your payment processor adds a markup to the cost of interchange (and assessment) which is clearly indicated in your statements. Q: What are the costs of credit card processing?

Credit Cards 88

Credit Cards Online and Mobile Banking Payment APIs and Integration Credit Card Payment Processing 88

PYMNTS

SEPTEMBER 26, 2018

” In Corcentric and Ardent Partners ‘ latest The State of ePayables 2018 report , Chief Research Officer Andrew Bartolini and Research Director Bob Cohen conclude “the future of AP is now,” with accounts payable departments reporting higher use of ePayments, eInvoicing and automated solutions.

Accounts 64

Accounts B2B Automation Treasury Management 64

Stax

DECEMBER 20, 2023

When looking for a credit card processor, assess your business needs upfront: decide on your non-negotiables and must-haves, then work from there and look for providers that offer features that match your needs and goals. However, the percentage markup rate does not give you a full picture of your processing costs.

Credit Cards 88

Credit Cards Small Business Processors Payment APIs and Integration 88

PYMNTS

FEBRUARY 12, 2018

Supply chain managers are less than impressed with the current solutions in place for cost analysis. Analysts surveyed supply chain professionals about the current cost analysis tactics they use. According to the survey, supply chain managers are forced to rely on information from the finance department to assess costs.

Finance 48

Finance Assessments Accounts Research 48

Stax

APRIL 18, 2024

How Merchant Fees Are Made Up The unavoidable basics of credit card processing fees are interchange rates and assessment fees. Learn More Assessment fees Assessment fees are paid to card networks, i.e., Mastercard, Visa, and Discover. Each network sets and charges its own assessment fees. per transaction.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

PYMNTS

NOVEMBER 15, 2018

A new report from Software-as-a-Service (SaaS) firm Inspyrus suggested that chief executive officers and accounts payable (AP) professionals aren’t seeing eye to eye on AP technology, and organizations are failing to upgrade their AP processes and tools as a result.

Accounts 63

Accounts Commercial Card Finance Automation 63

Stax

APRIL 2, 2024

TL;DR Surcharging is a way for merchants to pass on swipe/credit card fees on to their customers (which can include fees like interchange fees and assessment fees). It’s important to carefully communicate the reasoning behind surcharging, to help make sure your customers understand and can empathize with your decision-making process.

Credit Cards 88

Credit Cards Best Practices Legal Compliance 88

Stax

MAY 7, 2024

Assessment fees Assessment or network fees are directed to the credit card network- Mastercard, Visa, American Express, and Discover, to help settle costs associated with maintenance and operation. Assessment fees usually make up a small percentage of the transaction amount. For example, 2.1% + $0.10

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Clearly Payments

NOVEMBER 17, 2023

This article explores practical strategies to help businesses lower their credit card payment processing costs, offering insights to enhance financial efficiency. Begin by understanding your current rates, including interchange fees , assessment fees, and markups. These fees typically range from 1.5%

Credit Cards 52

Credit Cards Process EMV Processors 52

Stax

FEBRUARY 15, 2024

According to the Pew Research Institute , in 2022, a whopping 41% of Americans said they don’t use cash at all for any of their weekly purchases—a significant jump from 29% in 2018. In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Stax

DECEMBER 13, 2023

TL;DR Credit card processing fees can add up quickly and eat into a business’s bottom line. Fortunately, in states where surcharging is legal, you can recoup these processing costs by transferring them to the cardholder. All of these credit card processing fees can add up quickly and eat into a business’s bottom line.

Credit Cards 88

Credit Cards Debit Card Laws Rules 88

Stax

JUNE 9, 2024

Manageable Costs In addition to looking for an integrated payment platform, you should also go for a POS system for retail businesses that has the promise of reduced payment processing costs. Some modern solutions come with sky-high costs for their solutions.

Credit Cards 88

Credit Cards Process CRM Point-of-Sale (POS) 88

EBizCharge

NOVEMBER 12, 2024

Merchant application information is critical in the underwriting process , which assesses the risk of providing merchant services to a business. Financial statements: Recent financial records to assess financial stability. This helps the payment processor assess your business’s risk profile.

Online and Mobile Banking 52

Online and Mobile Banking Processors Debit Card Volume 52

Nanonets

AUGUST 17, 2023

  According to a  2018 Goldman Sachs report , North American B2B businesses spend around $187 billion annually on AP processing, with labor alone accounting for over 90% of direct costs. Defining these aims aids in drawing a clear framework for assessing Accounts Payable automation software that aligns with your requisites.

Automation 52

Automation Accounts Payment APIs and Integration Procedures 52

Nanonets

NOVEMBER 14, 2024

Define your core document processing needs: Document types: What types of documents do you process most frequently (invoices, purchase orders, contracts, forms)? Volume: How many documents do you process monthly? Complexity: How complex are your document layouts?

Process 52

Process Automation Volume Verification 52

EBizCharge

JUNE 26, 2024

This accounting approach includes various manufacturing costing methods tailored to production processes, such as activity-based, standard, and process costing. Manufacturing accounting is crucial to maintaining inventory valuation, aiding the production cost analysis, and facilitating informed decision-making.

Accounts 52

Accounts Product Best Practices Process 52

Nanonets

MARCH 22, 2023

Skilled outsourcing providers can make a company’s AP processes more efficient; thus improving the cash flow. Here are a few ways by which companies can benefit from outsourcing their AP processes: Cost reduction Outsourcing your accounts payable processes may be cost-effective for a business.

Accounts 52

Accounts Duplicate Automation Process 52

EBizCharge

MAY 14, 2024

This flexibility enables businesses to scale their billing operations seamlessly and cost-effectively, ensuring they can continue to meet the needs of their growing customer base without experiencing bottlenecks or disruptions in their billing processes. The volume of invoices and payment processes.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Payment Savvy

JULY 3, 2024

According to a 2022 study by Research and Markets on U.S. But here’s a quick summary of the main fees associated with debit card processing: Interchange fees: These fees are set by the card networks (Visa, Mastercard, etc.) Consumer Payment Choice, an impressive 85% of adults in the United States use them as a payment method.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Nanonets

FEBRUARY 26, 2024

However, automated AP processing costs are just 33% of manual costs, resulting in significant annual savings of $62 billion for  AP departments. According to  a survey by Data Bridge Market Research , the accounts payable automation market is projected to reach a value of USD 5,809.38 between 2022 and 2029.

Automation 52

Automation Accounts Payment APIs and Integration Process 52

Stax

OCTOBER 14, 2024

This hands-on experience allows you to explore the platform’s interface, understand its features, and assess its compatibility with your business systems and daily operations. Research the provider’s customer support availability, such as 24/7 assistance, and the modes of support offered, like live chat, phone, or email.

Processors 88

Processors Small Business Payment APIs and Integration Payments 88

PYMNTS

MAY 12, 2016

Kount breaks those nine “deadly costs” into three categories: fraud mitigation expense, lost sales and transactional costs – and then further separates those costs into “visible costs” vs. “hidden costs.” ” Fraud Mitigation Breakdown: The Nine Costs.

Mitigation 52

Mitigation Fraud Prevention Processors Assessments 52

Cardfellow

FEBRUARY 23, 2025

Using ChatGPT for This Article I approached this article with the intention of assessing whether ChatGPT is capable of providing accurate information about credit card processing, specifically assisting businesses with finding the right processor for their needs. in interchange and assessment fees. Check important info.

Credit Cards 52

Credit Cards Process AI Processors 52

Cardfellow

FEBRUARY 15, 2025

Visa and Mastercard have a vested interest in customers using credit cards as often as possible, because both companies make money through the assessment fees that are part of credit card transaction costs that businesses pay. The card brands didnt want consumers to have second thoughts about using their cards to avoid extra fees.

Credit Cards 52

Credit Cards Visa Non-Bank Federal Reserve 52