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JANUARY 15, 2024

Credit card surcharging can help offset these expenses, but it can be tricky. Learn how to achieve payment processing compliance when surcharging to improve your company’s financial stability and reputation. The more they use cash payment, the lower your overall processing expenses.

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Payment Services Merchant Services Payment Methods Payment Solutions 88

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APRIL 18, 2024

TLDR Mobile credit card processing first hit the market 15 years ago and in that time it has risen to become one of the most popular methods for processing in-person payments, both with businesses and consumers. What is mobile credit card processing? Understanding what you want is the hardest part.

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Payment Services Merchant Services Payment Methods Payment Solutions 88

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MAY 7, 2024

For example, the interchange fees for online transactions may be higher due to the higher risk of credit card fraud. Interchange fees are set by credit card issuers, such as Bank of America, Citi, or Chase, and are adjusted every year in April and October. These fees also vary depending on the card network.

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NOVEMBER 15, 2023

Understanding interchange fees enables merchants to effectively manage processing costs, negotiate better rates, make informed decisions about card acceptance, and ensure compliance with payment industry standards. These fees help cover the costs of processing the payment and maintaining the card network.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

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APRIL 18, 2024

The parties involved in processing a credit card transaction: Cardholder: The individual or entity holding the credit card and initiating the transaction. Merchant: The business or entity selling goods or services and accepting credit card payments. Card Network (e.g.,

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Merchant Services Payment Services Payment Methods Payment Solutions 88

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NOVEMBER 8, 2023

This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash. Businesses using CardX as their no fee payment processing platform can rest assured that all their compliance requirements have been automated, which saves them a lot of time and money.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

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MARCH 14, 2024

While traditional B2B payment methods like wire transfers and checks remain common, the corporate credit card market is projected to grow at a CAGR of 7.3% It’s crucial for businesses to support multiple B2B payment methods to adapt to diverse payment preferences. Learn More What are B2B Payments?

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