EBizCharge

JUNE 26, 2025

Adding a surcharge to credit card transactions can be a great way for businesses to offset processing costs but doing it right matters. Break those, and you might face processing restrictions or extra fees. Customers who feel blindsided will contest the charge with their card issuer. Chargebacks and disputes.

Credit Cards

Stax

APRIL 10, 2025

With credit cards, customers pay for goods and services using a line of credit provided by their card issuer who lends them funds up to a limit determined by their creditworthiness (credit history). This allows them to finance large purchases, which is good for you since they will buy more goods and services from your business.

Small Business

Stax

OCTOBER 14, 2024

and $0.50), plus a percentage of each purchase (between 1% and 3%) on top of the interchange fees charged by the card issuers. So while it may be simple, it typically results in higher overall processing costs for most established businesses. Interchange Plus Pricing A small fixed fee (between $0.10

Processors

Basis Theory

NOVEMBER 13, 2023

How Credit and Debit Cards Compare The fundamental difference between a credit and debit card is whose money is being used in the transaction: with a credit card, the consumer is borrowing from the card issuer , while with a debit card they are using their own money, stored with the issuing bank.

Credit Cards

Stax

DECEMBER 20, 2023

This article explores the legal landscape surrounding surcharges, shedding light on the intricacies of state and federal laws and strategies for small businesses to manage processing costs. Businesses can encourage cash transactions or use credit card surcharging as an additional fee to offset payment processing costs.

Debit Card

Stax

DECEMBER 20, 2023

Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. Interchange fees vary significantly depending on the card issuer, the issuing bank, type of transaction and/or merchant type. World High Value (USD) 2.00% + $0.10

Credit Cards

Clearly Payments

FEBRUARY 7, 2024

Chargeback Rate The chargeback rate measures the percentage of transactions that result in chargebacks, which occur when customers dispute a transaction with their card issuer. High chargeback rates can negatively impact merchants by increasing costs, damaging reputation, and affecting payment processing eligibility.

Process

Stax

JANUARY 10, 2024

Basics of Credit Card Fees Credit card fees refer to a range of charges that are imposed by credit card issuers on cardholders and merchants for completing credit card payments, either online or in person. the merchant’s business type, and the terms of the merchant’s agreement with their payment processor.

Credit Cards

Stax

MARCH 14, 2024

The signature is compared with the one on the back of the card or with the signature stored in the card issuer’s system. This is due to the fact that PIN debit processing costs are often lower than credit card processing costs. A consumer using a chip and signature card will sign for the purchase.

Chip Cards

Stax

SEPTEMBER 26, 2024

These fees help the business offset the cost of credit card processing fees, which the merchant typically has to pay to the card issuer and payment processor. Merchants pay interchange fees to compensate the cardholder’s bank (issuer) for the risk of managing credit card accounts.

Credit Cards

M2P Fintech

AUGUST 8, 2023

This is a huge opportunity for credit card issuers. Creating differentiated, customizable credit card programs for diverse customer segments with loyalty, security, and customer experience factors stitched in will give issuers the needed latitude to tap into the space.

Credit Cards

Synapse Payment Systems

AUGUST 25, 2022

Understanding Credit Card Processing Fees There are three main components to credit card processing fees. Understanding each of them is critical to learning how to lower credit card processing fees. Interchange Fees This fee is set by credit card issuers like Visa, MasterCard, Discover, and American Express.

Credit Cards

Stax

JANUARY 15, 2024

Are you struggling with resource constraints caused by soaring credit card processing costs? TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processing costs. It offsets the card processing costs, transferring the financial obligation to the latter.

Credit Cards

Stax

JANUARY 24, 2024

However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments.

Credit Cards

Stax

JANUARY 24, 2024

However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments.

Credit Cards

Payment Savvy

JULY 12, 2024

This fee compensates for these alternative methods’ higher processing costs and potential risks. Pros and Cons of Charging Convenience Fees Pros: Offset Processing Costs: Convenience fees help you recoup the costs of processing non-standard payment methods. appeared first on My Payment Savvy.

Card Network Rules

PYMNTS

DECEMBER 10, 2020

This is highlighting companies’ needs to reduce accounts payable (AP) and accounts receivable (AR) processes’ costs as well as to support daily expenditures for remote workforces. It costs nothing to issue virtual cards and many issuers even provide monthly rebates as incentives to companies that use them.

B2B

Stax

JANUARY 31, 2024

These rates are set and collected by the network for processing transactions and maintaining the payment infrastructure. The card issuers periodically update their interchange rates using the following factors. Card Type: Different card types ( debit , credit, rewards cards) and card brands carry different interchange rates.

Credit Cards

PYMNTS

MAY 6, 2020

That’s due in part to the fact that, as Platko noted, issuers (and, from her perspective on the network side, stakeholders) are not making huge changes right now as they are challenged by the macro-economic environment and limited resources due to COVID response activities. “It’s

Consumer

Clearly Payments

AUGUST 14, 2024

Breakdown of Payment Processing Fees Payment processing fees can be broken down into three main components: Interchange Fees: Interchange fees , set by card networks (e.g., Visa, Mastercard), are paid by the merchant’s bank ( acquirer ) to the cardholder’s bank ( issuer ).

Process

Clearly Payments

JANUARY 16, 2024

What are Interchange Fees in Canada Interchange fees are charges levied by credit card issuers (such as Visa, Mastercard, and others) to merchants for accepting and processing electronic payments. These fees serve as compensation for the risks and costs associated with facilitating electronic transactions.

PCI DSS

Stax

MARCH 14, 2024

For businesses looking at paying with a credit card, there are often reward schemes and low-interest rates designed to attract businesses with special B2B credit card solutions offered by Visa, Mastercard, and most other card issuers. Read the section B2B processing costs below to learn more.)

B2B

EBizCharge

AUGUST 30, 2024

Breakdown of credit card processing fees Credit card processing fees are charged to merchants for each credit card transaction processed. These combined costs are calculated as a percentage of each transaction plus, in some cases, additional fixed fees. However, there are ways they can avoid some of those costs.

Credit Cards

Stax

AUGUST 29, 2024

It will also communicate with the customer’s card issuer to verify the authenticity of the card details entered into your checkout page. Predictable flat-rate pricing and billing A flat-rate pricing model is simple and transparent, which makes it easy for you to calculate and monitor your payment processing costs.

Payment Service Provider (PSP)

Stax

AUGUST 1, 2024

charge interchange fees which, on top of other credit card processing fees, can eat away at your profits. As such, credit card surcharging can be beneficial for offsetting these costs. With it, merchants can transfer the processing costs to customers who choose to make credit card payments.

Rules

Finovate

OCTOBER 11, 2024

In July, the firm was one of the first companies to be admitted to the stablecoin issuer sandbox by the Hong Kong Monetary Authority. The company’s international digital payments network supports more than 145 currencies, and processes billions of transactions a year. The company has raised $1.8

Multi-Currency

Stax

MAY 7, 2024

Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. 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.

Credit Cards

Tearsheet

OCTOBER 2, 2024

This solution can reduce processing costs for suppliers with a digital direct settlement, leverage automation to enhance the reconciliation experience and often times will improve their DSO (Days Sales Outstanding) with customized terms.

B2B

Stax

DECEMBER 6, 2023

So, along with the state and federal laws for credit card surcharging, there are a few additional rules to follow from the card issuer. Finally, surcharging fees are not legal for debit cards with a PIN or debit card transactions processed with a signature. What are the pros and cons of credit card surcharge fees?

Consumer

Stax

APRIL 4, 2024

The surcharge fee is paid by the customer and helps offset the processing cost for that particular transaction. The surcharge fee is paid by the customer and helps offset the processing cost for that particular transaction. That’s why many buyers still prefer paying through credit cards despite the additional costs.

Credit Cards

Stax

JANUARY 17, 2024

ACH transactions are one of the fastest-growing modes of electronic payments in the world due to the convenience they offer, low processing costs, and enhanced security. It initiates data exchange among the merchant, card issuer, and customer to validate the payment. This provides an additional layer of security.

ACH

EBizCharge

AUGUST 15, 2024

These fees are incurred by merchants for each transaction and are paid to the card-issuing banks as compensation for handling the credit risk and processing the payment. Pass-through fees are essential for merchants since they directly impact overall credit card processing costs.

Credit Cards

Stax

APRIL 18, 2024

Interchange plus pricing Interchange plus pricing is a pricing model that charges based on whatever the interchange rates are at that particular moment, “plus” a markup fee that pays your processors processing costs — e.g., 2.1% + $0.10 Q: What are some additional network and card issuer fees? per transaction.

Credit Cards

Basis Theory

OCTOBER 1, 2024

Third-Party Service Provider ( TPSP or "service provider") refers to an entity other than the Merchant, Acquirer, or Issuer involved in storing, processing, or transmitting card data. This can significantly increase the cost of your compliance for years to come.

PCI DSS

Payment Savvy

JULY 12, 2024

Each transaction incurs fees the card issuer sets, varying based on the card type and associated risks. My Payment Savvy (MPS) My Payment Savvy (MPS) is a robust payment processing solution that offers competitive rates and a range of features tailored to small businesses. Pros: Competitive rates and low transaction fees.

Debit Card

Segpay

MARCH 6, 2025

Key factors to consider include: Transaction Fees: Compare processing costs, including per-transaction fees and potential hidden charges, to ensure profitability. Automated billing systems help streamline this process by charging customers on schedule without requiring manual input.

Process

Fintech Labs Insights

MAY 23, 2016

Pictured (left to right): Harry Corbett (Sales Director) and Helene Ladjadj (Senior Manager, Issuer Relations, EMEA) demonstrating Ethoca Alerts at FinovateSpring 2016. He sees the integration as effective “not just against confirmed fraud but against the effects of chargeback processing costs and recovering fraud losses (as well).”

Technology