Many businesses wonder if they can legally impose minimum purchase amounts on customers paying with credit or debit cards. The short answer—yes, and no. If certain conditions are met, the federal government allows merchants to set minimum purchase amounts for credit card transactions. But minimum purchase amounts for debit card transactions are not allowed. Before| Merchant Cost Consulting - Lower Credit Card Processing Fees
Differences between credit card surcharges and cash discounts, including what's legal and the better option for your business to save money on merchant fees.| Merchant Cost Consulting - Lower Credit Card Processing Fees
Surcharging has been a hot topic lately for consumers and merchants alike. Some small business owners implement a surcharge to save money on credit card processing. What is a surcharge? In short, it’s an extra fee added to a credit card transaction to cover the costs of accepting the customer’s card. If a consumer wants| Merchant Cost Consulting - Lower Credit Card Processing Fees
Everything you need to know about merchant category codes (MCC). Explore MCC codes for ecommerce, MCC for online retailers, and find out your MCC code.| Merchant Cost Consulting - Lower Credit Card Processing Fees
Learn more about interchange fees and how interchange works. See the latest interchange fees, rates, and updates from credit card networks and processors.| Merchant Cost Consulting - Lower Credit Card Processing Fees
See our insider take on Global Payments Integrated with an analysis of its pros, cons, and rates. We also show you how to spot bogus fees on your statement.| Merchant Cost Consulting - Lower Credit Card Processing Fees
