PAYMENT TRENDS AFFECTING INTERCHANGE FEES

Interchange is a factor that makes it possible for businesses of all sorts to function. The fee you pay in order to utilize this process of transferring money every transaction may seem outrageous when you pay it, but when you look at all of the purchases that it completes in a matter of minutes, it makes sense why you pay it. With technology making some serious strides, it goes without saying th… Read More

 

SURCHARGING FAQ – PART 2

If surcharging confuses you, you aren’t alone! Until recently, ambiguity about surcharging has caused a bunch of confusion in the payment processing industry. The good news is, due to litigation in 2012, merchants can surcharge transactions done with credit cards. As a merchant, it’s important for you to understand how surcharges work. At Impact Payment Systems, we know our services are foundatio… Read More

 

HOW CAN YOU LOWER YOUR INTERCHANGE COSTS?

Lowering operating costs is always a good thing, as long as it can be done constructively and legally. Many times, the success of your business will depend on it. The fact that everybody has to take their cut of your profits before they get to you can create a challenging situation and make the complexities of payment processing quite daunting. We are here to not only provide world-class processi… Read More