I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...

Discover what the merchant discount rate (MDR) is, why it's important for businesses, and how typical fees range. Learn how MDR affects transactions and pricing.

When a merchant accepts credit card payments, it pays an interchange fee charged by the credit card company to process each card transaction. Interchange fees can chip away at a merchant’s bottom line ...

Credit card processing allows businesses to accept debit and credit card transactions, boosting sales and customer satisfaction in the process. Here’s how it works.

Swipe fees are charges merchants pay when accepting card payments. They range from 1% to 3% depending on card type and brand. Swipe fees eat into profit margins but can be managed with smart ...

Earlier this week, the Northern District of Illinois upheld a prohibition on the collection of debit and credit card interchange fees for sales taxes, excise taxes and gratuities if the merchant ...