Assigned to each transaction at interchange, the qualification level is assigned based on how well a transaction meets [...]
Merchant Fees
Interchange Fees
Paid by the merchant bank or acquirer for processing of transactions, including MasterCard and Visa transactions, inter [...]
Transaction Fee
A transaction fee is the service cost that is charged to a merchant for each separate transaction. In some cases, merch [...]
Interchange
An interchange fee or simply an interchange is an assessment set by a credit card association and paid to member banks. [...]
Discount Rate
The amount a merchant is charged for its credit card transaction processing involving MasterCard or Visa, this is somet [...]