Brad Franzen offers Small Business Credit Card Processing

Credit Card Processing

Too often, what is considered a qualified credit card purchase is left up to the discretion of merchant account providers, Brad Franzen said. For instance, some providers might only consider a debit card transaction that requires a PIN to be qualified purchases. Those purchases would cost less, but all others – the majority – would cost more.
The four big card networks – Visa, Mastercard, Discover and American Express – make their money from assessment fees, which they charge on every transaction made by their cards.