National Automated Clearing House Association recognizes innovative Same Day ACH to fund merchants faster BURLINGTON, Mass., May 8, 2019 /PRNewswire/ -- Aliaswire, Inc., a leading, payments processing technology innovator, has won the National Automated Clearing House Association's (NACHA) 2019 ACH Network Challenge Award. The company…
Leading payments industry organization recognizes PayVus® - the only settlement-to-card platform enabling ISOs and Acquirers to offer merchants business credit cards BURLINGTON, Mass., May 1, 2019 /PRNewswire/ -- Aliaswire, Inc., a leading, payments processing technology innovator, announced that it has received the 2019 Electronics Transaction…
Interchange fees, which are set by card networks like Visa and MasterCard, are the fees paid by Merchants to processors for processing card transactions. Specifically, interchange is provided by acquiring banks to card-issuing banks, but the costs are passed on to the Merchant. Card issuers…
As a Merchant, the interchange fees you pay for accepting debit and credit cards depend upon a number of variables, including the rules of credit card networks, the method of capture for the payment, your Merchant category code, and more. But the most significant variable…
Less than a decade ago, Merchants were prohibited by card networks from offering card steering incentives to their customers. These practices would have allowed Merchants to save on costs by encouraging customers to pay with cards that were less expensive to process. But in 2011,…