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April 2024 Interchange and Network Fee Updates
Twice a year – in April and October – Visa, Mastercard, Discover, and AmEx release updates to their programs and fee structures. For your convenience, below is a summary of the changes that will have the most impact on merchants.
Merchant Payments
Embedded Payments
The Strategy Behind Choosing Our Integrated Payments Partner
When Lodgical Solution chose their integrated payments partner, they wanted a partner that excelled in three key areas – customer service, depth of expertise, and innovative technology.
Embedded Payments
Why the Change Healthcare Ransomware Attack is a Wakeup Call for All Industries
UPDATE 03/08/24: This attack has been so disruptive that even the U.S. Department of Health and Human Services (HHS) has stepped in to help coordinate the response. HHS has laid out next steps that the Centers for Medicare & Medicaid Services (CMS) is taking to assist providers and patients, which...
Security
5 Ways to Maximize Integrated Payments Revenue
In Brief: While integrating payments capabilities in your software platform can create incremental revenue, often that revenue does not reach its full potential. At a time where many SaaS providers are turning to price increases to bolster the bottom line, maximizing integrated payments revenue makes smart business sense. Below we...
Embedded Payments
New Year, New Credit Card Processing Fees?
Why January Is a Great Month to Assess Your Payment Provider The confetti is swept up, the champagne flutes are empty, and the resolutions have been written. But before you settle into business-as-usual mode, there is one crucial New Year’s activity that deserves your attention: reevaluating your payment processing program....
Merchant Payments
Three Gifts That Will Last Forever
As we’re getting closer to the holiday, I can’t help but reflect on Christmases over the years. Those as a kid – as a dad – and now as a grandpa. One year, in particular, sticks in my mind. My little sister was so excited about the baby carriage Santa...
Company News
How Your SaaS Pricing Strategy May Be Impeding Your Growth
In Brief: Tech revenue has been softer for many SaaS providers over the past couple of years. In an effort to restore declining revenue, many SaaS providers have turned to significant price increases this year that are double and often triple the rate of inflation. While this pricing strategy may...
Embedded Payments