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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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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Want to Save Money on Payment Processing? Stop Giving Your Business to Banks

Want to Save Money on Payment Processing? Stop Giving Your Business to Banks

For years, the banks held a pseudo-monopoly over the payment processing industry. When it came to payment processing, they were basically the only game in town, and even today, many people still believe banks are the only legitimate providers of this service. But the fact of the matter is, for many years now, there have

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Payment Processing Articles

5 Signs It’s Time to Switch Payment Processors

January 24 2025

5 Signs It’s Time to Switch Payment Processors

If you allow customers to pay with debit or credit, then your payment processor is like the backbone of [...]

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Searching for the Cheapest Payment Processing? Why the New Year Is the Best Time to Weigh Your Options

December 18 2024

Searching for the Cheapest Payment Processing? Why the New Year Is the Best Time to Weigh Your Options

The first few weeks of the new year are always a great time for reflection, no matter who you [...]

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What You Need to Know to Spot Hidden Payment Processing Fees

November 25 2024

What You Need to Know to Spot Hidden Payment Processing Fees

No matter how you slice it, if you own a business, you’re going to need a payment processor. But [...]

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