Credit Card Competition Act of 2022

If you’re a small business owner, you’re well aware of the costs involved to accept card payments from your customers. The majority of processing fees AKA interchange rates, goes to the bank who issued the card. Interchange rates are based on the type of...

VISA Announces Surprising New Change

VISA recently announced a surprising new change that has caught many businesses and merchant service providers off guard. The announcement applies to merchants who add a fee when a card is used for payment. According to VISA, effective April 15, 2023 the maximum...

Code Changes for Gun Sellers

May 2023 ***Update*** Amex, Mastercard, Visa pause work on new firearms merchant code On September 9th, 2022 it was announced that an international standards body has approved creation of a merchant code for gun retailers. This came following pressure from activists...