Navigating Cash Discounts and Surcharges: Ensuring Compliance for Financial Success

In the realm of commerce, businesses often employ various pricing strategies to incentivize purchases or cover processing costs. Two such strategies, cash discounts and surcharges, present contrasting approaches to managing transaction expenses while influencing consumer behavior. However, amidst their differences, the importance of compliance with relevant regulations cannot be overstated. Let’s delve into the nuances […]

Strengthening Fraud Prevention: The Need to Dip All Chip Credit Cards and Qualify Card-Not-Present Transactions

Strengthening Fraud Prevention

In today’s interconnected world, where financial transactions are increasingly conducted online, fraud prevention has become a paramount concern. To combat the rising tide of cybercrime, merchants and consumers alike need to understand the importance of advanced security measures, such as dipping all chip credit cards and qualifying card-not-present (CNP) transactions. Chip credit cards, also known […]

The Real Difference Between Debit and Credit Transactions

The Real Difference Between Debit and Credit Transactions

In the world today, debit cards and credit cards run the payment systems. There are more than 600 million Visa debit cards in use, and more than 200 million MasterCard debit cards are being used in the United States today. One of the most significant differences between the two cards is that debit cards can […]

A practical guide to understanding merchant account fees and how they work

The term “merchant account” may be well-known to companies who accept non-cash payments. These accounts, often provided by credit card processors and banks, are banking channels businesses use to conduct electronic credit and debit card transactions. Your company needs to work with a payment processing organization to establish one. You’ll then be able to easily […]

Setting Up a Merchant Account – What Are the Requirements?

merchant account requirements

9 Merchant Account Requirements You Will Need To Process Credit Card Payments One of the most important factors you should consider when running a business is payment methods. Having a cash-only policy will limit your business and delay your success. Having a flexible form of payment includes accepting credit cards. This way, you will increase […]

7 Tricks to Reduce Card Processing Fees

credit card fees

7 Tips to Reduce Your Credit Card Processing Costs If you own or operate a business that accepts credit card payments, you will have to contend with processing fees as a cost of doing business. Of course, there are ways to offset your fees; however, many businesses still accept the fact that the fees are […]

Is it Legal to Charge Customers Credit Card Processing Fees?


Can you Legally Pass on Credit Card Fees to Customers? When it comes to credit card fees, there are a lot of gray areas. Most importantly, consumers are protected from hidden or excessive fees by law. However, some loopholes allow companies to pass on certain costs to their customers. So what exactly is allowed and […]

Which is Best Clover or Square?


Point of sale comparison – Square vs. Clover Running a business means you need to find a way to ensure that payments are made in good time. The best way to ensure this is to get a Point of Sales (POS) system. Since there are different types in the market, you might be conflicted over […]