224 posts for category "All"

In the past I have written about the various ways of charging for credit card processing, such as Tiered Pricing and Interchange Plus (the most business-owner friendly way of pricing – why you want interchange plus). The least business-owner-friendly way of pricing is called Enhanced Recover Reduced. Below is a copy of a selling document that a major credit card […]

Interchange plus pricing is the most transparent form of pricing for credit card processing. While tiered and other forms of pricing mean processors can charge arbitrary markups, the processor markup for interchange plus pricing is fixed no matter what kind of transaction occurs. In fact, we feel so strongly about the fairness of interchange plus, that […]

I love Tuesday. Not the actual day…Tuesday is our company dog. Sean (our CEO) brings her to the office almost every day and she lights up the office. Every morning, she has the same routine: we hear her dogtags jingling as she runs up the stairs and then she comes and lets each one of […]

This article originally appeared on informed-merchant.com, a blog started by one of our founders, Sean, before he started FeeFighters.   This is a list of the largest ISOs in the country which includes only companies that do not do any of their own processing.  This is based on data from the Nilson Group for the year ended […]

There are several different tasks an accounting firm or auditor performs for a company. Typically, accounting firms or auditors review a company’s financial statements on an annual basis. If you are interested in buying a company, you should ensure that business for sale have at least some level of review on their financial statements. This will ensure […]

There are several terms and definitions you should know if you are evaluating a businesses for sale . In order to buy or sell a company, it is critical that you understand the rationale for each legal document as well as terms that are commonly used. Document Definitions Non-Disclosure Agreements (NDAs) – a confidentiality agreement between two parties. This […]

This article originally appeared on informed-merchant.com, a blog started by one of our founders, Sean, before he started FeeFighters. This is a brief description of how credit card processing works.  Credit card processing has two parts: Authorization and Settlement: Authorization through Settlement Keep in mind this all takes ~2 seconds for an online transaction and about […]

This article originally appeared on informed-merchant.com, a blog started by one of our founders, Sean, before he started FeeFighters. Interchange Plus billing is the most transparent way to get billed (see “Interchange Plus“) because it clearly lays out what VISA and Mastercard are charging you (which isn’t negotiable) and what your Merchant Account Provider is […]

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