Card processing fees certainly had their ups and downs in 2015 and we had expected 2016 to be relatively quiet. Not so.
Terminal hire agreements are the most contentious issue for merchants judging by the complaints and calls for help we get.
Interchange Plus pricing or Blended pricing ? These are the 2 options for card acquirers when setting the basis of customers’ pricing. Is there a material difference? Does it matter to card accepting businesses or is it all just industry “technobabble” … Continued
WorldPay has recently informed their customers of their latest merchant services price increases. In a letter/email (click here) they advise customers that the “majority will see an increase in their costs of accepting Visa debit cards”. WorldPay is the largest merchant services … Continued
2015 is set to be the most volatile year to date for card processing fees, the year that the EU cap on interchange fee takes affect in the UK.