Bronze Solutions Partner
Twice annually, in April and October, Visa, MasterCard, American Express and Discover announce and implement adjustments to their programs that can impact card acceptance requirements and rates.
Like many businesses, the card brands held off implementing adverse changes in 2020.
However, this month, both Visa and American Express are rolling out their planned updates. These updates include increases to interchange rates that will directly impact your card processing fees. MasterCard and Discover have postponed their updates until April 2022, which is good news.