In an email to customers today, September 25, 2019 merchant services company Square announced new pricing for their customers to take effect November 1. In the email, Square noted that their flat 2.75% pricing for tapped, dipped, and swiped transactions would now be changing to 2.6% +10¢ per payment. Companies with small tickets are going to…

When you research merchant service providers, you’ll start hearing the term “interchange” used when talking about payments. Interchange is the fee that credit card companies like Visa and Mastercard charge businesses to accept their cards. The interchange fee depends on a number of factors and isn’t always easy to understand. In this article, we will…