Tag: Credit Card Processing Fees

How to Identify Dubious Credit Card Processing Fees, Part Two

The purpose of this show is to determine suspicious fees that are generally charged by specific credit card suppliers. Bear in mind, there’s a lack of enforced standards in the card processing industry and all providers don’t impose or compute rates and fees in exactly the exact same manner. It’s possible, therefore, for two suppliers […]

How to Identify Dubious Credit Card Processing Fees, Part 1

I will not get into the particulars of the litigation — Heartland Payment Systems sued Mercury Payment Systems at U.S. District Court, alleging deceptive practices. However, merchants should understand there are no enforced business standards defining terms such as”interchange-plus pricing,””tiered pricing,””pass-through fee,””access fee,””foreign handling fee,” and a number of other terms. Also, all providers don’t […]