Category: Fees and Rates

October 6, 2021 Katherine Maxwell

What Is a Good Effective Rate for Credit Card Processing?

An enterprise owner that uses services of credit card processing companies should know what is a good effective rate for credit card processing. If you understand how to calculate it, you can determine the basic costs needed for business growth, and you may be able to remove the unnecessary ones.

August 18, 2021 Katherine Maxwell

Acquirer Processor Fee (APF) – Things Every Merchant Should Know

In the US, there are over 30 million small businesses according to the Small Business Administration’s (SBA) Office of Advocacy. The competition is fierce and getting merchant processing services can be your solution, but keep in mind that these come with a certain acquirer processor fee (APF). All merchants want to have the best pricing and transaction options for their customers, and if you’re a company owner aiming to learn more about this topic, you’re at the right place.

August 10, 2021 Katherine Maxwell

Flat Rate Credit Card Processing Explained: All You Should Know

When trying to run a successful business, each owner will want to understand the outflow of money. Flat rate credit card processing services are made with that goal in mind for charges you need to pay for accepting cash-free payment methods. If you’re wondering whether to try this pricing model, follow our guidelines and make sure to weigh all pros and cons before you decide.

June 12, 2021 Katherine Maxwell

What Is a Credit Card Convenience Fee – All You Need to Know

Since the incessant popularity of cashless payment options is nowhere near receding, businesses need to find ways to cover all costs related to these transactions. One of the means available is imposing a credit card convenience fee to customers. Stick around to learn what you should know before opting for this, the pros and cons, and how to go about this process.

May 28, 2021 Katherine Maxwell

Merchant Services Rates and Fees 101

Many costs come with running a business, and many of them can not be avoided. Among these are merchant services rates. They can vary by hundreds of dollars and mount up to thousands of dollars each year. That’s why merchants should look for an account and service provider with transparent pricing and rates.

March 12, 2021 Katherine Maxwell

What Is a POS Fee – All You Need to Know

Companies nowadays can only benefit from using point-of-sale systems. If you are choosing a POS system that suits your company, you need to understand what a pos fee is and what you can expect to pay.