Visa’s Fixed Acquirer Network Fee (FANF) will be passed on to merchants beginning April 1st. The calculation of this fee is extremely complex and large merchants with many locations, multiple MCCs and mix of card present and card not present sales are having a difficult time calculating the impact of this fee to their organization. Optimized Payments Consulting has introduced a free online calculator that can help merchants estimate their monthly FAN fee. Read press release 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...
