Insights
Interchange Rates – 2025
The following are the April 2025 updates to Visa and American Express programs and fees. Visa Visa Enhanced Data File ….
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Learning Center: Insights
Insights
Security Best Practices
Security is one of our top priorities. Keep these best practices in mind to help safeguard your business and your customers.
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Insights
Understanding Your Form 1099-K
When will I receive my 1099-K? Each January, we will mail your 1099-K. You should receive it by the end ….
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Insights
What are the PCI Standards & Programs?
Now that you know what PCI DSS compliance is and who needs to be PCI compliant, it’s time to learn more about ….
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Insights
Understanding Interchange
Many merchants and merchant services providers are confused by interchange and its impact on the fees that merchants pay to ….
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Insights
Visa Transaction Integrity Fee
Visa introduced the Visa Transaction Integrity Fee (TIF) in April 2012. The TIF is $0.10 per transaction and will be ….
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Insights
Visa Fixed Acquirer Network Fee
Visa introduced the Fixed Acquirer Network Fee (FANF) in April 2012. The FANF fee is a monthly fee that is ….
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Insights
United States Federal Reserve launches FedNow
On July 20, 2023 the United States Federal Reserve launched a new instant payment service, FedNow. This service allows individuals ….
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Insights
What Are the Different PCI Self-Assessment Questionnaires (SAQs)?
The formal process of achieving PCI compliance for most businesses will include submitting an annual PCI self-assessment questionnaire (SAQ) and ….
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Insights
Complying with the IRS Reporting Rules
The Internal Revenue Service (IRS) tax code requires all merchant acquiring entities, such as Clearent, to file a Form 1099-K ….
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Insights
Rules for Transaction Minimums & Maximums
We all know merchants who have signs taped to their registers with minimum amounts for using a credit and/or debit ….
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Insights
Visa & Mastercard Settlement with U.S. Department of Justice
Card Association Changes Regarding Merchant Acceptance Practices The U.S. Department of Justice entered a settlement with Visa and MasterCard. As ….
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