Fees
Rate Tracker was created to start a movement in the payment industry. Small business owners are often taken advantage of by credit card processors because they know that those business owners rely on them to make money. Likewise, the processors also know that small business owners are far too busy…
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What to Look for on a Credit Card Statement 3 Main Fees to Look for on Your Credit Card Statement 1) Interchange Fees These are the fees that are assessed to your business from the issuing banks that issued cards to your customers. Usually non-negotiable and can be a monthly…
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Many business owners rely on credit cards as their income source. As customers pay for their goods and services, they pay with their cards, and each transaction costs the business owner a small percentage. However, there is a lot of confusion around this industry that most business owners do not…
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In most situations, there are 3 people that charge a fee: the card issuing bank or credit union (Interchange,) the card brand (V/MC/Disc/Amex,) and the credit card processor. If your logo is on the card or you’re processing the payment, you’re charging a fee on the transaction. Most business owners…
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