Three Important Rates You Need To Know About Before Choosing A Credit Card Processor
The first processing statement can be a big surprise because credit card processing statements are riddled with fees. Even a regular statement can catch you by surprise.
The most expensive portion of the statement should be the rates you were charged based on the volume you processed that month.
What is the difference between...
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Why You Should Not Let Your Bank Process Credit Cards For Your Business
Visa and MasterCard are a group of banks, similar to an association. Almost every bank that issues a debit or credit card is a direct member of the Visa or MasterCard association.
American Express and Discover are individual companies that are separate and distinct in the credit card industry. They aren't a group of banks working together to find more ways to make a profit from lending their reserves - while the end goal is very similar to Visa and Mastercard.
American Express and Discover, as you probably already know...
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