In the coming months, merchants and ISOs will begin seeing changes to Interchange fees.
To help further explain what these changes will mean, why they are coming about, who will be impacted and how they can mitigate the costs associated with these changes, Digital Transactions turned to Henry Helgeson, President and Co-CEO of Merchant Warehouse, to help sort out the answers.
In the article, "Trends in the Electronic Exchange of Value", Helgeson said that he expects many merchants to start seeking clarification on these new fees. He also predicts that processors will be passing these fees down the line to merchants, mainly because they are ill-equipped to bill these fees directly.
To learn more about what to expect when these fees take effect, click here.