Billback pricing is a sneaky surcharge fee that shows up on your monthly statement. The trouble is, these surcharges are anything but transparent as they are difficult to calculate, confusing to understand, and negatively impact your bottom line. The Billback Definition Billback pricing is an additional processing charge made on a prior card transaction. According to your merchant agreement, certain transactions may prompt an additional processing charge, such as purchases made by a gift or rewards card, a keyed instead of a swiped card, or a business card purchase.

The right point-of-sale (POS) system is an important decision for your business. After all, a POS system is the hub of your business—and finding one that aligns best with your company is key. In addition to checking out customers and recording sales data, a POS system brings together information about inventory, customers, and employees that will ultimately help you manage your business more efficiently. With hundreds of products available on the market, it can be difficult to choose the right one for your needs. Read reviews of these five popular point-of-sale (POS) systems.

Merchants of all sizes are gearing up for the busiest shopping time of the year. Consumers are upbeat about shopping this holiday season. In fact, the average consumer in the United States is expected to spend $1,535, up from $1,225, according to a recent holiday spending survey by Deloitte Insights, a multinational professional services network.

Unfortunately for most merchants, fixed pricing above interchange cost simply isn't available or offered during the setup of your merchant account. Payment processing service providers frequently increase costs to drive up their profits. Hidden fees become the norm and if your volume fluctuates, so do your rates.