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Payment Processing
Insights & Guides

Plain-English breakdowns of fees, pricing models, and industry practices so you can make smarter decisions for your business.

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Payment Technology

What Is Pay by Bank? A Lower-Cost Way to Take Payments

A Different Rail Entirely Pay by Bank Lets a Customer Pay Straight From Their Checking Account Almost every payment a small business takes runs over a card network. Even the ones that do not feel like cards — a tap, a digital wallet, a saved card on file — are still card transactions underneath, carrying […]

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Pricing Models

Merchant Buying Groups: A New Way to Negotiate With Visa

A New Provision Merchant Buying Groups Could Let Small Businesses Negotiate Interchange Directly For almost twenty years, the price a small business pays to accept a Visa or Mastercard credit card has been effectively non-negotiable. Interchange rates are set by the card networks on published schedules, and an individual coffee shop or dental practice has […]

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Legal & Compliance

Nacha’s June 2026 Fraud Rule Now Covers Every ACH Sender

What Changed The Nacha Fraud Monitoring Rules Now Apply to Every Business That Sends ACH For most of the history of the ACH network, fraud-monitoring obligations sat with the banks and the largest payment originators. If your business sent payroll, paid vendors, or collected payments by bank transfer, the rules that governed fraud detection were […]

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Legal & Compliance

Illinois Banned Interchange on Tax and Gratuity (Mostly)

A New Illinois Rule, Sort Of Illinois Says You Should Not Pay Interchange on Tax and Gratuity — but the Start Date Just Moved Again Here is the version an Illinois restaurant owner has probably heard: the card companies can no longer charge interchange fees on the sales tax and the tip portion of a […]

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Pricing Models

Brand-Level vs Product-Level Surcharging: The New Choice

A New Surcharging Choice Product-Level Surcharging Is the New Option Most Merchants Will Want Product-level surcharging is a new choice the proposed Visa and Mastercard settlement hands merchants, and it pairs with a second option called brand-level surcharging. For most of the time surcharging has been allowed in the United States, it worked one blunt […]

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Payment Technology

Your Phone Can Now Be the Card Reader — No Hardware Required

The Terminal You Already Own Your Phone Can Now Be the Card Reader — No Hardware Required For most of the history of card acceptance, taking a payment in person meant owning a piece of hardware: a countertop terminal, a wireless reader, a dongle plugged into a tablet. That assumption is no longer true. With […]

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Fees & Interchange

There Is Now a Fee Every Time Your Terminal Swipes a Chip Card

A New Line Item, As of April 2026 There Is Now a Fee Every Time Your Terminal Swipes a Chip Card On April 1, 2026, Mastercard introduced a new charge in the United States called the Fallback Avoidance Fee (a/k/a EMV fallback fee). It is assessed on every authorized fallback transaction — meaning every time […]

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Fees & Interchange

Debit Routing Is the Part of Every Debit Transaction Your Processor Controls

Fees & Interchange Debit Routing Is the Part of Every Debit Transaction Your Processor Controls and You Almost Never See. Every debit card transaction in the United States has at least two possible networks that can carry it. Visa and Mastercard each run a signature debit network. Behind them sit the PIN debit networks — […]

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Industry Insights

The Lease That Outlived Diego’s Shop Management Software

Industry Insights Equipment Lease Payment Processing Outlived Diego’s Software by Eighteen Months. The Bill Still Comes. Diego Salazar runs Salazar Auto Care on a side street off Speedway Boulevard in Tucson, Arizona. Three bays, two ASE-certified techs, a waiting room with a coffee pot that actually gets refilled. The kind of independent shop people drive […]

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Industry Insights

Why Your SaaS Vendor Will Push Harder on Payments as AI Eats Their Subscription Revenue

Industry Insights The Embedded Payments SaaS Narrative Is Half Right and Half Wrong The current story about embedded payments SaaS and the broader software industry goes like this. AI is eating seat-based pricing. Agents replace seat-licensed users. Consumption pricing replaces flat subscriptions. The traditional SaaS revenue model — pay per user per month, expand seats […]

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Industry Insights

Should You Reject Premium Credit Cards? The Math at Marguerite’s Charleston Jewelry Boutique.

Industry Insights Marguerite Has 41% Premium Card Volume. The Settlement Says She Can Decline It. Should She? Marguerite Devereaux runs a third-generation fine jewelry boutique on King Street in Charleston, South Carolina. The shop is the kind of place where a Saturday afternoon transaction can be a $180 silver bangle for a tourist or a […]

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Fees & Interchange

The Wireless Terminal Fee Hiding in Your Mobile Business Statement

A Driveway in Brentwood Casey Spent Four Years Paying for a $4 Cell Plan The wireless terminal fee on Casey Lindgren’s monthly merchant statement read $19.95 — every month, for four years. Casey runs a mobile pet grooming van out of a strip mall in Brentwood, Tennessee. Eight to ten dogs a day, residential driveways, […]

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