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.
July 16, 2025
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.
April 25, 2025
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…
August 28, 2024
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.…
April 28, 2024
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…
April 28, 2024
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…
April 27, 2024
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)…
April 27, 2024
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…
April 27, 2024
Virtual Credit Cards Explained
A virtual credit card (VCC) functions similarly to a traditional credit card but exists solely in a digital form, primarily…
April 27, 2024
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…
April 27, 2024