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0.00343297665174366 0.00408825359860275 0.00391479793619881 0.00222842344060552 0.000220834755375346 -0.00638413201903195 -0.0148360803838509 -0.0187107265463452
Stock impact report

What Merchants Should Consider Before They Surcharge [Forbes]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Forbes
Some companies in the credit card industry have been accused of overcharging merchants or issuing unauthorized fees, which some say is possible due to a lack of regulation If you think about it, when major credit card processors went public, they, like most publicly traded companies, were under pressure to deliver larger profits. But, as the managing partner of a company that audits credit card processing fees, I believe the difference is that other companies are usually regulated and reside in a space where the free market keeps them in check. If a business charges too much, you just buy the product from a different one. However, with credit card processing fees, businesses have very few, if any, options in the merchant processing world. In my experience, many point of sale systems, enterprise resource planning systems, etc. have exclusive deals with specific credit card processors, which leaves the business with only one option: the processor to which they gave exclusive rights Show less Read more
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