Interchange Fees

CPS/Retail Credit – Visa Consumer Interchange

CPS Retail is the Visa interchange category that is used to calculate the interchange fee for card-present transactions when a traditional consumer credit card (instead of rewards, business or government cards) is used and the customer’s signature is obtained.

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CPS Retail categories are among the most common Visa interchange rates, as they apply to many basic transactions at retail stores.

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Interchange Fees

CPS/Card Not Present – Visa Consumer Credit Interchange

The CPS Card Not Present interchange category that is used to calculate the interchange fee for card-not-present transactions involving a payment made with a traditional consumer credit card (instead of rewards, business or government cards) taken by mail or over the phone.

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CPS card not present categories refer to Visa interchange rates that apply to many basic online and keyed transactions.

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Interchange Fees

Mastercard Merit III Credit Card Processing Fees

Merit 3 is Mastercard’s way of referring to a card-present transaction for most restaurants and retailers. It can actually apply to several different interchange categories based on card type and other details. This article explains specific Mastercard interchange categories. If you’re not already familiar with interchange, it’s a good idea to start with our piece…

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Merit 3 (or Merit III) is a Mastercard interchange category that determines credit and debit card processing fees.

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Credit Card Processing, Interchange Fees

Understanding American Express Merchant Services

There’s a lot of confusion of American Express merchant services. We regularly field questions about discount rates, pricing models, and settlement. In this article, we’ll explain everything you need to know about accepting American Express at a business. Just looking to see costs to take Amex cards? For the most up-to-date pricing, use our free…

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In the past, American Express was the most expensive credit card to accept; a reputation that it hasn’t shaken despite introducing a new pricing structure to bring costs more in line with other card brands.

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Credit Card Processing, Interchange Fees

Interchange Rates and Fees

Often shortened from “interchange reimbursement fees,” interchange refers to a set of categories that are used to determine the rates for individual card transactions. Every category has requirements for eligibility and a rate associated. Interchange can be a complex topic. For the purposes of this article, we’ll include a simplified overview, and a detailed explanation….

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Accepting credit cards at a business comes with costs. The largest portion of the costs is known as interchange.

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