Paystand Blog

Read about the digital transformation of commercial payments and how to automate your enterprise cash cycle.

How Visa Interchange Rates Are Changing in 2020 and What That Means for Merchants

Earlier this year, Visa announced the biggest change to its interchange rates in 10 years. Under the new restructuring, credit card processing fees are either going up or down depending on your company's merchant category and how your customers swipe their card. This could have a huge impact on any business that has been hit hard by the pandemic.

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Daniella Bourguetts Daniella Bourguetts on September 8, 2020

merchant fees, Payment Processing

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