Can & Should I set a minimum charge amount?

August 14, 2019

There are several considerations, First what is legal? Second what do your terms of service for accepting credit cards permit? Third is it a good idea? As of 2010 the Durbin amendment allows the Fed to set a minimum credit card purchase amount – currently $10. I didn’t find a law prohibiting debit cards – […]

Card Processing Traditional Card Processing

Is a Smart Terminal Right for my Business?

July 22, 2019

Does your daily life require more than a flip phone? Maybe you business does as well. You don’t have to invest thousands into a full blown POS computer to improve how you take payments for your goods and services. New smart terminals can offer you more than just accepting a credit card. You can easily […]

Card Processing Cash Discount Processing Payment Terminal Point of Sale Surcharging Technology Traditional Card Processing

Are You Really on Interchange + Pricing?

July 19, 2019

Interchange Plus pricing also know as Cost Plus or Pass-through pricing is the most common credit card processing today and is designed to be very transparent so you know what you are really paying. This model should pass through Interchange charged by the Credit Card companies and the Card issuer fees (Assessments etc) at Cost […]

Card Processing Payment Terminal Point of Sale Technology Traditional Card Processing