Which is better? Interchange Pass Through Pricing or Tiered Pricing?
This is one of those mind-boggling questions that have confused merchants who want to introduce credit cards as a mode of payment to their customers. Those who wish to clear the confusion read on to find out what is the difference between the Interchange Pass Through Pricing and Tiered Pricing.
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When it comes to the credit card processing industry, interchange fees are usually considered as the cost of doing business. However, for non-profit organizations, this fee takes a bite directly out of earnings.
These earnings are the vital source of income to facilitate charitable organizations, companies often see which should seek alternative methods like non-profit merchant services / programs.
Continue reading Merchant Services for Non-Profit Organizations