If your business accepts card payments, online payments, mobile payments, invoice payments, or POS transactions, learning how to read merchant processing statements is one of the most useful financial habits you can build. A merchant processing statement shows what your business processed, what was deposited, what was refunded, what was...
Non-Qualified Transaction Fees Explained
Non-qualified transaction fees can be one of the most confusing parts of a merchant statement. A business may sign up for card processing after seeing a low advertised rate, only to find that many transactions are billed at a higher tier. Those higher charges can quietly increase payment processing fees,...