February 4, 2012Rate Structures And How They Are Determined Rates and fees charged by a merchant account provider can vary in numerous ways, including the manner in which the transaction with the customer is conducted by the vendor. When a vendor charges the credit card of a “regular” customer in what is called a “standard” transaction, they [...]
Full article → January 15, 2012What are Non-Qualified Transactions? How Can Merchants Avoid Them? How can merchants avoid being charged these surcharges and still qualify for the best rate possible? I frequently get calls from merchants who say they were quoted one rate, but claim different rates are showing up on their statements. Unfortunately, merchants can experience a rate increase [...]
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