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Corporate Card Level II (also known as US CORP L2) is an interchange category that is used to calculate the interchange fee for card-not-present transactions (including keyed transactions) involving a payment made with a corporate credit card instead of a consumer credit card.
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The Business Card – Card Not Present (or COMM CNP B) is an interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a business credit card instead of a consumer credit card.
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The Business Card Level II (US COMM L2) is an interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a business credit card instead of a consumer credit card. This interchange category has several rates associated, depending on the ” spend tier” associated. Interchange rate & fee …
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Purchasing Card Level II (US COMM L2 P) is an interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a purchasing card instead of a consumer credit card.
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The Corporate Card – Card Not Present (or COMM CNP C) is an interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a corporate credit card instead of a consumer credit card. The transaction takes place by phone or mail. This category may also apply if a card is not swiped.
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How is it possible that American Express cards costs cost less than ever to accept, but businesses aren’t paying less? The answer is pretty simple: credit card processors are pocketing the difference. Amex Introduces “OptBlue” In early 2015, American Express decided to tackle two big problems: a reputation among businesses as the “expensive” credit card …
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The company, once part of eBay, originated as a ‘middle man’ between online sellers and buyers, offering protection. A buyer didn’t have to hand over their credit card information directly to a seller, and both buyer and seller would have a neutral third party to mediate any problems. Since its beginnings almost 20 years ago, …
PayPal Business Options – Accepting PayPal Through Your Site Read More »
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More people use credit cards for payments and mobile phones are becoming a popular consumer payment option as well. Apple, Android, Samsung, and Chase all offer ways for customers to use their smartphones for payments, and new services are popping up all the time. So what’s the difference between EMV and NFC, and why should …
