Qualification Level

on Aug20

Assigned to each transaction at interchange, the qualification level is assigned based on how well a transaction meets the merchant’s industry requirements. For a retail transaction to be assigned a level, the card has to be swiped, the terminal must be settled every day and all additional criteria for a specific level must be met.

Recommended to you

Previous postQuick Payment Service (QPS) Next postEMV Certification Process

Copyright© 2023, United Thinkers