Interchange & Pricing

Visa U.S. Acquirer Pricing Modified for Account Verification and Authorization Reversal Visa announced in a Visa Business News dated October 10, 2019, that modifications will

Visa Discontinue Support of the Performance Tier 2 Program—Canada Region Visa will no longer support the Performance Tier 2 interchange program for merchants in the

Business Impacts Merchant portfolios may need be reviewed to prepare profitability models that support these interchange rate changes. Mastercard Canada Region Enhancements to Interregional Interchange

Business Impacts Merchant portfolios may need be reviewed to prepare profitability models that support these interchange rate changes. Visa Canada Region Changes to Performance Tier

New Interchange Programs In July 2020, Visa, Mastercard, American Express, and Discover are implementing new interchange programs. ‍Business Impacts Merchant portfolios may need to be

Debit card transaction rates and fees are usually cheaper than credit card transaction fees, but it is still important to understand what they are and

Visa has specific interchange for transactions that occur using an international card in a card-not-present environment. The term“Card-Not-Present” refers to credit card transactions where the

If you’re a business owner, you’ve probably heard of the term “interchange downgrade.” Downgrades are not easy to understand, but they can end up costing

Credit and debit card transactions have a processing fee associated with them that merchants must pay, this is referred to industry terms as credit card processing

If you accept credit and debit cards, you most likely accept Visa. Being the most popular card worldwide, you would be remiss not to. Visa’s

Pricing is how a processor determines how a merchant will pay the credit card processing fees. In order to accept credit and debit cards, the

If you run a restaurant, you probably don’t have time to think too much about credit card processing rates. However, understanding them can only help

Mastercard has a special rate for card-not-present/e-commerce transactions. These are riskier transactions because of the risk of fraud, so they have a higher interchange rate.

MasterCard is the second-most used credit card worldwide, and as a merchant you probably accept it if you accept credit and debit card payments. As

Level 3 credit card processing is a payment integration system that works with business-to-business transactions. It saves merchants in cost because in a B2B transaction,

American Express is a closed network and so their interchange rates work differently than Visa or MasterCard. For a long time, AmEx was the most

An interchange rate is the rate a card network charges to cover the risk of doing business. All credit transactions involve risk because no physical

Discover is one of the most popular credit cards in the U.S. today, alongside tried-and-true favorites like Visa, MasterCard and American Express. It has gained