Pricing in the credit card processing industry is very complex and most merchant statements do not make it any easier to understand. There are so many technical and industry laden terms (Interchange, qualification tiers, downgrades, batch fee, ACH fee, authorization fee, settlement fee, AVS fee, PCI compliance fee, etc.) that even a sophisticated financial manager can get cross-eyed. So how do you really understand your true cost of credit/debit card processing, and then use that knowledge to ensure that your company is getting the best value for merchant services? This article will help you understand and manage the effective cost of different payment cards. Continue Reading »

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Optimized Payments Consulting recently wrote a second article for the Association for Financial Professionals (AFP) about the value of leveraging PIN-debit cards to lower overall payment processing costs.  This article appeared in AFP’s Exchange magazine in April 2009.  You can read the article here.  

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