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...

How are interchange fees calculated?

Introduction Interchange fees are a crucial component of the electronic payment ecosystem, serving as compensation to card-issuing banks for the costs and risks associated with processing card transactions. These fees are typically paid by the merchant’s bank...

Understanding Debit Unbundled Fees

Introduction In an era where consumers are becoming increasingly aware of their financial choices, the term “debit unbundled fees” has emerged as a significant topic of discussion. These fees refer to the costs associated with using debit cards that are...