Visa and Mastercard are two of the most popular card networks in the world. In the U.S. alone, they make up over 80% of credit cards in circulation. Given that they also offer very similar capabilities, some people joke that the only difference between them is the logo. However, this isn’t quite true, particularly when it comes to their features.…
With digital transactions dominating the market, it’s more important than ever for merchants to understand the mechanics of credit card processing. This process involves many interactions happening between several players behind the scenes. One of those players is the merchant acquirer, which plays a crucial role in facilitating these digital transactions. Want to know more about the specific functions of…
Most merchants accept the fact that payment processing comes with a cost. That said, when was the last time you took a closer look at your monthly invoice? If it’s been a while, you may discover that you’re significantly overpaying for this service. Payment processors can hide and inflate their fees in many ways, and not many merchants know what…
Time to Upgrade Your Credit Card Terminal
If you’re a retail business looking to accept card-present transactions, the very first thing you’ll need is a credit card machine. Though these devices tend to be fairly basic, there are still a few options you’ll need to consider if you want to find the right fit for your needs. Here are the three main factors that may influence your…
Read on for more information on how Mastercard Send works and why it makes sense to use it.