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2019 Interchange Updates

Interchange, dues, and assessments (aka “Interchange”) refer to fees set by the card associations (VISA, MC, DISC, AMEX) that represent the base or “wholesale” costs of accepting credit/debit cards.  All businesses incur these fees, which are paid directly to the…

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To sign or not to sign?

That is the question. The answer isn’t as simple as a yes or no. In April 2018, Visa issued an official notice indicating that EMV-enabled merchants would no longer be required to capture signatures as a method of cardholder verification…

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