Merchant Account Glossary
How Interchange-Plus Pricing Works in Credit Card Processing
Interchange-Plus Pricing is a merchant account pricing model distinguished by its low cost, transparency, and detailed breakdown of fees.
Merchant Services “Slamming” Tactics May Be On The Rise Again
Learn how to protect your business from merchant services "slamming" scams that can cost your business big time.
What is Merchant Account Fixed Acquirer Network Fee (FANF)?
Learn about Visa's Fixed Acquirer Network Fee (FANF), how it's calculated, costs involved, and strategies to minimize it. Essential for…
What is a Merchant Account?
A merchant account is a specialized bank account that enables your business to accept and process electronic payment card transactions.…
Mastercard Service Provider (MSP) Definition
A MasterCard Service Provider facilitates the processing of payments between merchants, banks, and credit cardholders. These providers ensure that transactions…
What is Zero Fee Processing in The Credit Card Industry?
Zero fee processing allows merchants to offset the cost of credit card transaction fees by passing them directly to the…
What is P2PE (Point-to-Point Encryption)?
Point-to-Point Encryption (P2PE) is a security measure that encrypts data from the moment it is entered into a point-of-sale (POS)…
PCI Non-Compliance Fee: How it can Affect Your Business
A PCI Non-Compliance Fee is charged to merchants who fail to adhere to the Payment Card Industry Data Security Standard…
Virtual Credit Cards Explained
A virtual credit card (VCC) functions similarly to a traditional credit card but exists solely in a digital form, primarily…
What is a Merchant Account IRS Reporting Fee?
Merchant Account Definitions & Terminology: IRS Reporting Fee - What is an IRS Reporting Fee? An IRS reporting fee, also…
Answered: What is Enhanced Billback?
The Enhanced Billback method, often abbreviated as EIRF (Enhanced Interchange Reimbursement Fee), is a pricing structure used in merchant accounts…
Merchant Services Registered Agent Explained
A registered agent is an individual or a business entity that serves as an independent marketer for a larger merchant…
Credit Card Processors 