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Credit Card Processing Blog Posts | Page 22

Visa FANF

What The FANF Is Visa Charging You?!

Some fees are avoidable – and some aren’t. When choosing and working with a payment service provider, you need to be able to figure out which fees they charge to make profit, and which are actually coming from the credit card networks. So where does the Visa FANF fee fit into all this? In our […]

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Aug 14, 2019 Filed under: Credit Card Processing 3
enhanced billing merchant services

Billback & Enhanced Billback…Buyer Beware

One of the most confusing billing methods in the credit card processing industry today is the billback (BB) method. Chances are, you don’t even know what it is. What’s worse is that billback spawned itself an offspring called enhanced billback (EBB), which is even more complex than the original. To add even more confusion, the […]

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Jan 25, 2013 Filed under: Credit Card Processing 15
visa downgrades, mastercard downgrades

What Are “Downgrades” & How Much Are They Costing You?

As a business owner – whether of a retail establishment or an online store – you know that credit card processing fees eat into a big slice of your profits. Just glancing at your merchant account statement each month could send you into a dizzying spin of frustration – especially when you see those outrageous Mastercard and Visa downgrade fees costing […]

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Mar 30, 2020 Filed under: Credit Card Processing 0
IRS reporting fee

Is The New 1099-K “IRS Reporting Fee” Justified?

As 2011 comes to a close, and credit card processors scramble to get their 1099-K documents filed, some of them are trying to recoup their administrative costs by passing on a fee to the merchant (You). Some are even using this opportunity to profit off of these regulatory requirements, charging as much as $3.95 per […]

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Mar 6, 2020 Filed under: Credit Card Processing 3

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