FPN recognizes that the cost of doing business continues to rise. Our payment processing programs are designed to provide the lowest possible cost of doing business. There are ways to lower your cost by utilizing the full breadth and depth of solutions we offer. Below are some of our recommendations. Emphasize Debit The first Continue reading
With the cost of gas, supplies and overall business becoming more costly, business owners are looking for ways to reduce expenses. One of the most popular and frequently discussed solutions in the payment industry is the use of convenience fees to offset card cost. Convenience Fee Under this program, a fee is added to Continue reading
Note: We are not attorneys or accountants. The following information is purely meant to be informative, subject to change, and we invite you to contact us with any questions. Thank you. Chargebacks Chargebacks are a dispute between a cardholder and your company for services rendered or sold. Oftentimes, chargeback defense starts with whether the Continue reading
Note: We are not attorneys or accountants. The following information is purely meant to be informative, subject to change, and we invite you to contact us with any questions. Thank you. Card Brand Mandated Payment Reviews When you begin processing payments for your business, you are given direct access to an array of payment Continue reading
As a business owner, you want to manage expenses as best as you can to drive more revenue to your bottom line. In card processing, there are a few things you can do to help you control card processing cost. 1. Insert/Dip/Tap the card if you have a device and the opportunity. Not only are Continue reading
The FPN client support team routinely receives calls about the fees associated with accepting credit cards and asks what can be done to keep the cost to a minimum. Here is a simple explanation about the fees you pay and how to minimize your cost. There are three components that make up your cost: Interchange, Continue reading
By Landon Pierce, Sales Engineer, Franchise Payments Network From my vantage point as Sales Engineer for FPN, I have an exciting opportunity to help tie technologies together such as POS systems, CRMs and more. It’s very gratifying to determine how all the different parts and pieces, from software to hardware, can blend together to work Continue reading
To Our Clients and Business Partners; These are strange times for sure. We are all in the same boat as independent business owners, but with our fates tied to each other through the franchise brands and the direction of the government. FPN and our sister company POLN8 are no different. As independently owned companies who service the franchise industry, Continue reading
As a merchant, you’re probably familiar with interchange rates and how they affect your business. A customer pays with a credit card at the POS, you generate a profit, and then the credit bank issues a fee for financing that particular transaction. Circling back to 1990’s, the credit card process remains unchanged using instant authorization Continue reading
As we upgrade platforms and adjust algorithms to suit the needs of our customers, we always keep in mind the role new payment technologies play in data security. Questions we always hear from our merchants include, “How can hackers access my customer’s information if I have the latest version of software installed in my devise?” Continue reading
