Category: Credit Card

Fair and Square: Legal Ways to Pass On Credit Card Processing Fees to Customers

A surcharge is an additional fee that merchants impose when customers choose to pay with a credit card. It’s essential to understand that surcharge fees apply exclusively to credit card payments and are not permitted for debit and prepaid card transactions.

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8 Fascinating Questions to Ask About Payment Terminals
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Difference Between Debit and Credit Cards: Do Credit Cards Really Hold an Advantage Over Debit Cards?

Another difference between debit and credit cards are the perks they offer. While credit cards charge higher fees, they offer rewards unavailable to debit cards such as discounts, travel points, and even cashback.

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Income Taxation 101: All About IRS Form 1099 K

Form 1099-K is used to report income generated from Payment Card and Third Party Network Transactions. This was created under the 2008 Housing Assistance Tax Act to help ensure that businesses, particularly online retailers, are accurately reporting their income for tax purposes.

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All You Need to Know About PCI Compliance

PCI-compliance is a vital step towards your business success, and that is why you should complete the SAQs and AOCs before the year ends. You do not only hold proof that you are PCI-compliant but you also avoid paying non-compliance fees from merchant account providers by being non-compliant. You can be charged up to $40 per month if you are non-compliant.

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AGAPAY - Transactions that give

Agapay was founded on the idea that payment processing should be ethical and give back to the community. In pricing, structure and service, we will always do our best to give the most value and maximize service.
Agapay is a Registered Partner/ISO of Elavon, Inc. Georgia [a wholly owned subsidiary of U.S. Bancorp, Minneapolis, MN]
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