Every credit card transaction has data attached to it. The processing level refers to how much information is provided during the transaction. If you’re a B2B organization that accepts credit card payments from corporate customers, business accounts, commercial credit cards, and government agencies, Level 2 (or Level II) credit card processing can give you access| Merchant Cost Consulting - Lower Credit Card Processing Fees
Everything you need to know about authorization fees, AVS fees, and credit card transaction fees. Find out how to save money on credit card processing.| Merchant Cost Consulting - Lower Credit Card Processing Fees
Accepting card payments can be costly for many businesses. With average credit card processing fees ranging from 1.70% to 2.50% per transaction, card payments can take tens or even hundreds of thousands from your bottom line annually. But eliminating credit and debit cards as a payment method simply isn’t an option for the vast majority| Merchant Cost Consulting - Lower Credit Card Processing Fees
Fraud scoring is one of the best ways to help large ecommerce merchants detect and prevent credit card fraud online. Leveraging the right fraud scoring tools can also help minimize your risk of chargebacks. There are several different components to consider when developing a fraud scoring method. Certain instances or events could raise suspicion, but| Merchant Cost Consulting - Lower Credit Card Processing Fees
When it comes to shopping online, most consumers have grown accustomed to using credit cards and debit cards to complete the purchase process. PayPal and digital wallets like Google Pay or Apple Pay are popular options as well. But some customers may want to use ACH payments for ecommerce transactions. If you’re looking to add| Merchant Cost Consulting - Lower Credit Card Processing Fees
Learn how credit card transactions work, how debit card transactions work, and discover the differences between credit and debit transactions.| Merchant Cost Consulting - Lower Credit Card Processing Fees
Understanding processing fees is crucial for businesses that accept card payments—as these fees have a direct impact on your bottom line. This in-depth guide aims to provide business owners with a thorough understanding of processing fees, their components, and strategies to minimize them. By the end of this blog post, you'll be better equipped to| Merchant Cost Consulting - Lower Credit Card Processing Fees
An unexpected stoppage in your payment processing procedure can be troublesome for a business owner. From withheld funds to processing freezes or account terminations, these instances can be potentially devastating. Credit card processing companies put funds on hold for a variety of reasons. If this happens, money received from credit card transactions won’t be transferred| Merchant Cost Consulting - Lower Credit Card Processing Fees
Whether you’re selling products or services, expenses are simply a natural part of doing business. But the cost of merchant fees can add up quickly—sometimes exceeding 3% or even 4% of your gross sales. Rather than simply accepting these costs as an expense necessary for your business, there are steps you can take to avoid| 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
