Clearly Payments

MARCH 4, 2025

Analyzing Payment Processing Costs Many business owners assume they are paying lower fees than they actually are. The effective rate is the total processing cost divided by total sales volume and is the true measure of what a business is paying. per transaction based on its processor’s advertised rate.

Small Business 52

Small Business Process EMV Processors 52

The Fintech Times

MARCH 19, 2025

The research was published in Juniper Research ‘s Global Network Tokenisation Market: 2025-2029 report , and predicts that the growth of network tokens will mean they are better placed to fight fraud, lower processing costs and streamline checkout experiences for users in the future.

Research 71

Research Processors Visa Processing Costs 71

Stax

JANUARY 21, 2025

With payment methods like credit cards and mobile payments being table stakes these days, the Canadian payment processing landscape has gotten quite crowded with numerous processors and merchant service providers vying for business, each offering different features and fee structures. TL;DR Looking for payment processing in Canada?

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment APIs and Integration 88

Stax

DECEMBER 20, 2023

But to do most of that, you need to have a credit card processor. Since we’ve spoken a lot about credit card processing before, today we’ll take a look at how to find the best credit card processor for your SMB in 2024. If you have no idea where to start with evaluating potential payment processing solutions, fret no more.

Credit Cards 88

Credit Cards Small Business Processors Payment APIs and Integration 88

Cardfellow

APRIL 20, 2025

The information youll need to provide – called enhanced data or Level 2 and Level 3 data – can often be sent automatically if set up properly with your credit card processor using compatible equipment. Processors can choose the way that they list the categories. Looking to lower your processing costs?

Visa 52

Visa Commercial Card Processors Credit Cards 52

EBizCharge

MAY 1, 2025

and can cover the costs associated with transferring funds between banks, fraud prevention, and compensating card networks, payment processors, and issuing banks. Understanding the various credit card processing fees your company may encounter will help you find effective ways to offset them and enhance operational cost efficiency.

Credit Cards 52

Credit Cards Process Processors B2G 52

Cardfellow

APRIL 5, 2025

Interchange plus models can often save you money – sometimes significant amounts – over flat rate processing. If youre noticing that your processing costs are taking a larger portion of your revenue, its time to explore other options.

Processors 52

Processors Credit Cards Multi-Currency Transactions 52

Cardfellow

MARCH 27, 2025

Non-qualified charges indicate expensive transaction costs for you. There are two main reasons for them: your processor charged you a non-qualified rate, or your transactions downgraded to Visas non-qualified interchange category. Its easy to confuse Visas non-qualified interchange with the non-qualified rates from your processor.

Processors 52

Processors Credit Cards Transactions Risk 52

Stax

DECEMBER 20, 2023

Visa interchange fees Mastercard interchange fees Discover interchange fees American Express interchange (OptBlue) What is the total cost of accepting credit cards? 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.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Stax

NOVEMBER 14, 2024

Here are the inside details about what defines a payment solutions provider, how processing works, the credit card processing fees , risks, and more. TL;DR There are several parties involved in credit card processing. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Cardfellow

MARCH 30, 2025

If you’re unsure if business non-qualified is the best your business can do, be sure to check with your processor or CardFellow, if you chose your processor through our marketplace. If you chose your processor through our marketplace, give us a call for assistance with downgrades. In general, no.

Product 52

Product Processors Credit Cards Commercial Card 52

EBizCharge

DECEMBER 2, 2024

Understanding dual pricing is crucial for merchants and consumers, as it can offer cost savings and valuable financial insights. For businesses, it provides a legal way to manage the hefty credit card processing costs and maintain competitive pricing for cash-paying customers.

Process 52

Process Credit Cards Legal Point-of-Sale (POS) 52

Stax

MARCH 11, 2025

The payment gateway : this is a cloud-based payments software integrated with your website thats responsible for the secure transfer of your customers credit card information to your payment processor. Payment authorization The issuing bank will do a quick check to ensure everything is in orderwhich is usually an automated process.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

Cardfellow

FEBRUARY 26, 2025

Costs to Accept Tap on Phone Do all processors offer tap on phone? Costs to Accept Tap on Phone Tap on phone is considered a card-present transaction and your processor will charge card-present rates. It should not cost anything additional beyond your usual processing costs to accept tap on phone payments.

Contactless Payments 52

Contactless Payments Credit Cards Chip Cards Processors 52

Fintech Finance

JULY 15, 2024

By partnering with Primer, Pelago is reconfiguring its payment stack to enhance the customer experience with local payment methods, reduce processing costs through multiple processors, and improve operational efficiency and fraud prevention with third-party integrations.

Innovation 98

Innovation Processors Payments Strategy Fraud Prevention 98

Synapse Payment Systems

AUGUST 25, 2022

That’s where learning how to lower credit card processing fees comes in. By understanding how these fees actually work, you can find leverage to negotiate with your credit card processor and increase your profits. Understanding Credit Card Processing Fees There are three main components to credit card processing fees.

Credit Cards 130

Credit Cards Transactions Processors Assessments 130

Stax

JANUARY 21, 2025

Instead of juggling through different types of payment processors and platforms, a payment gateway allows you to accept multiple payment methods at once. The payment gateway collects and encrypts sensitive customer payment details and then securely sends them to the payment processor. Qualified transactions have the lowest rate.

Payment Gateways 88

Payment Gateways Gateways PCI DSS Payment APIs and Integration 88

EBizCharge

MARCH 20, 2025

Consider payment processing costs and ensure the provider complies with industry standards like PCI Compliance. Reviewing each providers functionality, payment collection tools, payment security, costs, and customer support will enable your business to make the best decision. Whats a settlement period?

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

Cardfellow

MARCH 29, 2025

Lowering Your Processing Costs If youre receiving the rates above (and youre not seeing padded interchange) youre likely already receiving wholesale interchange. However, that doesnt mean you cant lower your costs. Processors markup is the area to focus on. Give it a try!

Product 52

Product Processors Credit Transaction Credit Cards 52

Cardfellow

MARCH 30, 2025

Lowering Your Processing Costs Restaurants are notorious for thin margins. Its critical to ensure youre not overpaying for credit card processing, which is one of the most expensive costs (after labor) for many businesses. To do that, youll need to be able to compare processors markups directly.

Processors 52

Processors Credit Cards Transactions Process 52

Synapse Payment Systems

NOVEMBER 9, 2022

A surcharge on a credit card transaction is an additional fee that businesses can assess to cover processing costs. Not all payment processors work the same way. While most charge based on volume or number of transactions, some processors, like Synapse , charge using a subscription-based model with no hidden fees.

Credit Cards 130

Credit Cards Processors Legal Laws 130

Cardfellow

MARCH 22, 2025

Padded Interchange: The Malicious Problem Processors dont have the ability to lower interchange from the published rates. Processors can – and often unfortunately do – add cost to the published interchange rates, or pad them. In reality, some processors choose to pad interchange and also charge a separate markup.

Process 40

Process Processors Credit Cards Non-Bank 40

Evolve Payment

APRIL 3, 2025

We help businesses like yours lower their payment processing costs while keeping things easy and efficient. How Evolve Payment Saves You Money Unlike Squares fixed pricing, Evolve Payment offers: Better pricing structures: Our interchange-plus pricing model often leads to lower fees than flat-rate processors like Square.

Credit Cards 52

Credit Cards Process AI Processors 52

Stax

JANUARY 10, 2024

TL;DR Understanding how credit card companies charge merchants is crucial for optimizing costs and enhancing customer experience. Credit card fees, including interchange, assessment, and payment processor fees, impact businesses on a per-transaction or recurring basis.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Fintech Finance

JULY 30, 2024

The elegant, white-labeled user experience makes real-time payments a simple process for both merchants and consumers. Key Benefits for Retailers and Merchants Cost Efficiency: Slash payment processing costs while reducing fraud and chargebacks by leveraging real-time payments over new banking network rails.

RTP 98

RTP FedNow RFP Payment APIs and Integration 98

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 88

Debit Card Legal Credit Cards Processing Costs 88

Stax

SEPTEMBER 12, 2024

If you already have a payment processor, a good way to narrow down the list of potential providers is to see what terminals work with your processor. To choose the right payment terminal, you need to have a solid understanding of your business needs, as this will help you determine what type of terminal to look at.

Payment APIs and Integration 88

Payment APIs and Integration Online and Mobile Banking Credit Cards Processors 88

Clearly Payments

JANUARY 16, 2024

Payment Processor Markup: In addition to interchange fees, merchants work with payment processors who charge a markup for their services. This markup is an additional fee on top of the interchange fees and covers the payment processor’s costs and profit. You can read more on the interchange fees by country.

PCI DSS 105

PCI DSS Debit Card Processors Credit Cards 105

EBizCharge

MAY 5, 2025

Credit card processing fees are charges merchants are responsible for when accepting and processing credit card payments. Each time a customer uses a card to make a purchase, the business must pay a small fee to its payment processor. to cover operating costs and any infrastructure or maintenance needs.

Credit Cards 52

Credit Cards Small Business Process ACH 52

Clearly Payments

AUGUST 14, 2024

Asia-Pacific Payment Processing Fees In the Asia-Pacific region, the average payment processing fee a merchant pays generally ranges from 1% to 3% of the transaction amount. This range can vary widely depending on the country, the type of payment method used, and the specific agreements between merchants and payment processors.

Process 104

Process Credit Cards Alternative Payment Methods Debit Card 104

Clearly Payments

MAY 1, 2025

Will Tariffs Increase Payment Processing Fees? Tariffs apply to goods , not services like payment processing. So your processor isnt charging you more just because tariffs exist. That said, tariffs can indirectly raise costs: Higher product prices Higher transaction values Higher interchange fees. Not directly.

Credit Cards 66

Credit Cards Process Cross-Border Disputes 66

Stax

MARCH 27, 2025

They share several key characteristics, including: Cost-effective and reliable digital transactions ACH and EFT both enable direct bank-to-bank transfers, reducing the costs and security issues associated with cash and checks. Regardless of whether you choose EFT, ACH, or both, working with a payment processor is important.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wires 88

Clearly Payments

FEBRUARY 7, 2024

Payment Processing Costs Payment processing costs encompass various fees and expenses associated with processing transactions, including interchange fees, processing fees, and chargeback fees. Monitoring payment processing costs is essential for managing expenses and optimizing profitability.

Process 98

Process PCI DSS Processing Costs Settlement 98

Stax

FEBRUARY 15, 2024

In the ISO model, an ISV partners with a third party that handles merchant account setup, payment processing, risk, and compliance. The ISV has little control over the end user’s payment experience or the processing costs. The ISV has little control over the end user’s payment experience or the processing costs.

ISVS 88

ISVS Facilitators ISOs Payment APIs and Integration 88

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Processor markup These are fees charged by the payment processor, which is the company that manages and facilitates credit card transactions. Processor markup fees are also known as merchant service fees.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Stax

NOVEMBER 8, 2023

You can opt for surcharging regardless of the payment processor you’ve partnered with. On the other hand, some credit card processing companies use the term no fee payment processing to advertise the fact that they will set up a surcharge processing program for your business.

Process 88

Process Credit Cards Debit Card Processors 88

PYMNTS

SEPTEMBER 20, 2016

HeroPay, which bills itself as a group of “payment nerds who worry about all things payments so that you don’t have to,” offers a free account to any business or merchant who wants to browse its network of “top-tier processors” and shop for the best, most affordable payments processing option for their business. “We

Small Business 80

Small Business Business Payments RFP Processors 80