Visa introduced number of changes to its Fixed Acquirer Network Fee (FANF) structure last year that will become effective on April 1, 2015 and July 15, 2015. The changes impact payment aggregators like PayPal and Square, small merchants with less than $1,250 in monthly Visa sales volume and select merchants operating unattended terminals/kiosks. Read the changes here. You can find the original FANF table from 2012 here.
Unlocking the Benefits: Level 2 & Level 3 Processing in Payments
In today's competitive business landscape, optimizing costs and streamlining operations are key priorities for companies of all sizes. When it comes to payment processing, businesses have a valuable tool at their disposal: Level 2 and Level 3 processing. These offer...