Pricing methods used for merchant services
True transparency can only be achieved with a pricing model that splits out the three elements of the merchant service charge, being the interchange fee payable to the card issuer, the fee charged by Visa & MasterCard as the card schemes and finally the processors...
5 Questions to Consider When Choosing Your Card Payment Facility
1. What fees will I be charged aside from the cost of each transaction? Other than the percentage fee for processing the card payment, look out for any ‘additional’ fees. These include annual/monthly account fees and additional fees for non-secure telephone and...
Important changes to the cost of accepting credit cards – It’s Good News!
Why are the changes taking place? In 2015 & 2016 EU regulation came into place to align charges for processing card payments in the European Economic Area (EEA). The most significant being on interchange rates across Europe as all EU countries aligned their...
VISA DEBIT CARDS – Business owners guide to the changes in card processing costs
Richard Bradley, Director of acceptcards, explains what the changes should mean for your business and how best to ensure you’re in a position to take maximum advantage. Why are the changes taking place? In anticipation of EU regulation to align charges for processing...
