FLADCO News

Why is my credit card processing statement like learning a new language?

Posted by Mark Mackson on Sep 22, 2017 6:00:00 AM

By:  Mark Mackson, on September 18, 2017
Read Time = 1 minute

If you’ve ever tried reading your monthly credit card processing statement, you know that it was written with so many unexplained acronyms, randomly placed numbers and confusing computations that it’s obvious they don’t want you to understand it.  The reason:  if you can’t understand your bill, you won’t realize how much you’re overpaying and can’t price shop.    Thankfully, once we decode the bill for you, it’s not all that hard to understand…..