Merchant Processing News


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Updates

March 2007

Visa and MasterCard will be increasing several Interchange categories.  Normally rate change notifications will be included in the monthly statement the month before the increase.  These increases will be effect as of April 2007.  Please check back later for specifics.

January 2007

The Debit Network Acquirer ACCEL has announced several Interchange fee increases.  These increases will affect the Retail, Supermarket, Wholesale Club and QSR (Quick Service Restaurant) categories.  These changes will be in effect as of February 2007.

October 2006

The staff and I have recently updated and revised our "Dictionary" of terms you will need to understand when dealing with merchant services.  Click to view the Dictionary.

March 2006

Visa and MasterCard announced some Interchange category increases and have added several Interchange categories.  These will be in effect as of April 2006

 

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