American Express Interchange Fees

Introduction American Express, like other payment networks, charges interchange fees as part of its processing system for credit and debit card transactions. Interchange fees are essentially charges that merchants pay to card-issuing banks and networks whenever...

Understanding Agentic Commerce

Introduction Agentic commerce represents a transformative approach in the world of digital and economic interactions, emphasizing the active role of consumers and users in shaping their purchasing experiences. Unlike traditional commerce models, where companies...

How Flat Rate Pricing Works

Intorduction Flat rate pricing is a billing model that offers merchants a simplified way to understand and manage their payment processing costs. Unlike tiered or interchange-plus pricing, which can involve complex fee structures, flat rate pricing consolidates all...

Difference Between Visa and Amex

Introduction When it comes to credit card processing, one of the first decisions businesses face is whether to accept Visa or American Express (Amex) cards. Both are prominent payment networks, but they differ significantly in terms of cardholder base, processing...

Understanding Batch Times in Merchant Services

Introduction In the fast-paced world of merchant services, efficiency and accuracy are paramount. Among the many technical aspects that contribute to smooth payment processing, batch times stand out as a crucial factor. But what exactly are batch times, and why do...