So your first question naturally is, “How do I get that low rate on my credit card processing?”
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Note: the story you are about to read is true. The names have been changed to protect the innocent. A couple months ago I bumped into an acquaintance from town in the hardware store. I asked him what he was up to and he told me he was setting up a charity in town, a new non-profit organization. The charity…
If you’re a small or medium sized business or charity and thinking of accepting credit cards, there are some important things we think you need to know before you go too much further. The first of these is that very soon you will end up feeling like Dorothy after she got dropped into Oz. You will be in a strange…
Before you can even try to understand the fees involved in credit card transactions, you need to at least have a thumbnail idea of who the organizations are and what they do. Here are some very basic descriptions of who is or may be involved in a transaction: