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interchange pricing fees

Interchange-Plus Pricing

With interchange++ pricing, your transaction statement will include three elements for each transaction: the interchange fee paid to the issuing bank, the card association fee paid to the card brand (e.g., Visa, Mastercard, etc.), and the processor’s markup fees. Note that card association fees are typically very low and do not constitute a significant portion of your credit/debit card processing fees.

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Aug 15, 2024 Filed under: Credit Card Processing
Checking credit score

How To Build Your Business Credit Score

Checking your business credit reports and correcting errors could give your business credit score a boost quickly. Beyond that, consistently paying bills on time and paying off debt will also help contribute to a higher business credit score.

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Jun 20, 2024 Filed under: Small Business
winery pos systems

8 Best Liquor Store POS Systems

Liquor stores are unique businesses with constantly fluctuating inventory and price changes, meaning that choosing an effective point of sale system is extremely important. Businesses that sell liquor, such as grocery and convenience stores, have the same needs. You’ll need to make sure the system is strong in certain very important areas.

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Feb 12, 2025 Filed under: Point of Sale