When you swipe your debit card at the checkout, the point-of-sale (POS) terminal will usually ask you: “Debit or Credit?” I have no idea why …

What is Interchange? In simple terms, interchange is the cost of completing a given card transaction. Interchange fees cover the cost of maintaining card networks, …

What is Wholesale Pricing? Wholesale also known as Interchange Fees is the rates set by the credit card companies themselves. Every card has a different …

How to Avoid Misleading Rate Quotes? How to Calculate Your Effective Rate (%)? Why merchant’s effective rate (%) keep changing each month? What’s my % …

Understanding how credit card processing fees are determined and how different merchant account pricing models work can save your business hundreds of dollars a month …

What is Markup Pricing? The markup over interchange and assessments is the only area where you can negotiate credit card processing costs. Keep in mind …

Don’t get caught in one of these common credit card processing scams. Credit card processing is essential to modern small businesses. Working with a credit …

Free vs Lease vs Purchased Terminal This is a very common question that’s brought up when people are shopping around for credit card processing. Let’s …