Credit Cards - IntelliPay

Debit Still Most Commonly Used Form of Payment

by Dale Erling | Aug 31, 2023 | Credit Cards, Debit Cards, Debit Definition, Digital Transactions, Trends

According to a recent J.D. Power study, debit cards are the most commonly used form of payment, with credit cards a distant third. The survey found that 78% of consumers utilize debit cards for point-of-sale transactions, followed by cash at 74% and credit cards at...

Are Payment Processing Fees Eating Into Your Bottom Line?

by Dale Erling | May 1, 2023 | Convenience Fee, Credit Cards, Debit Cards, Interchange Fees, Payment Processing, Surcharge

If you currently accept credit cards for payment, and who isn’t, payment processing fees are eating into your bottom line! How big of a bite? For many businesses, payment processing is typically one of the five largest expense items on a P&L. And costs keep...