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cashless payment trend using mobile and cards. Ways to lower interchange rates for credit card processing.

5 Ways to Lower Your Interchange Rates

When something is purchased using a credit card, there are some fees that are associated with using a credit card and accepting it as a form of payment. The fee that goes to the card issuer is known as interchange. This fee amount can range from 1% to 3% of the...

top payment trends for businesses in 2026

The Top 5 Payment Trends for 2026

The payments industry is a delicate balancing act between businesses and consumers, and navigating how the payments experience evolves. Consumers' preferences and demands can shift quickly. While some big box merchants can evolve quickly to meet the changing needs of...

A worker at Card Network discussing gift card payment options for your Michigan Business. business evaluating gift card payment programs

Should You Accept Gift Cards? Pros and Cons

Gift cards have been the go-to present for just about every holiday for the last two decades. Prior to the early 1990’s, gift “certificates” were given that were essentially an IOU for the restaurant or store that it was purchased from. They were redeemed at-value and...

business owner reviewing payment processing reports during recession

How Does a “Recession” Affect Your Merchant Account?

Recession is a buzz word right now, but is it really something your business should worry about? The word recession sparks fear instantly for both consumers and merchants alike. When people change their spending habits, it’s a balancing act for business owners to not...

tap to pay contactless payment at checkout. customer paying without cash. Growth of cashless payments over time.

The Cashless Payment Trend: Real or Hype?

Imagine heading into your hometown sports stadium with family and friends, ready to cheer on your favorite team. You line up to buy snacks before sitting down, and you pull out a $50 bill to pay for the transaction when the cashier informs you that they’ve gone...

A local Michigan business owner looking at merchant credit card options by Card Network. Credit card payment authorization and settlement process.

A Step-By-Step Look at How Credit Card Processing Works

Helping Merchants Understand Credit Card Processing Card Network prides itself on educating our merchants and partners about the ins and outs of credit card processing. From swiping a card to reading your merchant statement, there are intricacies that we want to shed...

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