Visa Implements International Service Assessment (ISA) Fee
STARTING WITH YOUR JULY 2009 MERCHANT STATEMENT, THE FOLLOWING FEES WILL APPEAR:
VISA HAS IMPLEMENTED AN INTERNATIONAL SERVICE ASSESSMENT (ISA) FEE FOR CERTAIN ELIGIBLE INTERNATIONAL TRANSACTIONS. FOR THESE TRANSACTIONS, VISA WILL CHARGE A FEE OF 0.40% FOR CASH ADVANCE (FOR BANKING INSTITUTIONS) AND ATM TRANSACTIONS AND 0.40% FOR SALE TRANSACTIONS. THE ISA FEE WILL BE ADDED TO YOUR ACCOUNT Read More
New PCI Compliance Requirements for Merchants
As Bankers, you are all too familiar with the acronym PCI - short for Payment Card Industry - Data Security Standards.
Financial Institutions have had to completely upgrade their systems and processes to secure financial data and protect against data breaches.
PCI Compliance is now being required of merchants, all merchants. PCI compliance requirements actually started a few years ago with tRead More
Patriot FSP & McCoy Myers & Associates form strategic alliance.
MCCOY MYERS & ASSOCIATES is proud to announce a new strategic partnership that will bring a customized Merchant Services Product to our financial institutions. For years, our customers have been using the local banks or third-party suppliers to help commercial customers have MasterCard, Visa, and Discover debit and credit cards processed through their businesses. The programs vary in liabilityRead More