Why Interchange Plus Pricing Is the Best Way to Pay for Payment Processing

Why Interchange Plus Pricing Is the Best Way to Pay for Payment Processing

If there was an award for the most convoluted industry on the planet, payment processing would probably win by a landslide. And if we had to choose the most needlessly complex aspect of our industry, it would have to be how processors choose to charge for their services. Whether they’re using interchange plus pricing, tiered

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Lucid Payments vs. Square- Which One Is Best for Your Business?

Lucid Payments vs. Square: Which One Is Best for Your Business?

As we’ve said countless times before, the payment processing industry suffers from a serious lack of clarity. Business owners don’t understand it, processors aren’t making it any easier to understand, and unfortunately, they’re benefiting from maintaining that status quo. We, on the other hand, have chosen to take a different approach by putting the best

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Bettering Your Bottom Line- How to Save Money on Credit Card Processing Fees

Bettering Your Bottom Line: How to Save Money on Credit Card Processing Fees

As much as we hate to say it, the truth is Canada’s economy is not doing very well. After several years of unprecedented business disruptions, along with soaring inflation and interest rates, Canadians aren’t spending the way they used to, and businesses that have made it through these trying times are feeling the pinch like

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Feds Finally Reach Deal With Visa and Mastercard to Lower Interchange Fees for Small Businesses in Canada

Feds Finally Reach Deal With Visa and Mastercard to Lower Interchange Fees for Small Businesses in Canada

For many years, Canadian merchants have been forced to pay some of the highest interchange fees in the world. According to a Bank of Canada report, in 2018 alone, Canadian merchants paid more than $11 billion for the privilege of accepting credit card payments. But a new agreement between Visa, Mastercard, and the federal government

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Is the Canadian Government Really Going to Regulate Interchange Fees?

Is the Canadian Government Really Going to Regulate Interchange Fees?

We’ve been in the payment processing industry for well over a decade, and throughout all those years, we’ve watched as small business owners in Canada have been forced to pay exorbitant interchange fees. Time and again, we’ve been told that these fees are a necessary evil, required to help mitigate the risks associated with credit

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You May Be Eligible for an Interchange Fee Rebate from this Credit Card Class Action Settlement

You May Be Eligible for an Interchange Fee Rebate from this Credit Card Class Action Settlement

Business owners in Canada pay some of the highest interchange fees in the world. And as part of our commitment to doing what’s best for business owners, we want to do whatever we can to help them save money on the cost of payment processing. That being said, we think it’s important to make business

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Payment Processing Articles

11 Tips on How to Grow Your Business on Social Media

September 23 2024

11 Tips on How to Grow Your Business on Social Media

In today’s world, if you want to build a successful company, you’ve got to know how to grow your [...]

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9 Inventory Management Tips to Help You Stay on Top of Your Stock

August 26 2024

9 Inventory Management Tips to Help You Stay on Top of Your Stock

Owning a business requires you to deal with a seemingly never-ending array of challenges. From dealing with finances, to [...]

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Why Interchange Plus Pricing Is the Best Way to Pay for Payment Processing

July 22 2024

Why Interchange Plus Pricing Is the Best Way to Pay for Payment Processing

If there was an award for the most convoluted industry on the planet, payment processing would probably win by [...]

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