Comments on: What Does the Term “Settlement” Mean http://www.straightpassthrough.biz/2008/03/05/settlement/ Merchant Accounts Made Simple Wed, 17 Mar 2010 23:33:23 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Interchange Compliance - Downgrades (Part One) | Straight Pass Through http://www.straightpassthrough.biz/2008/03/05/settlement/comment-page-1/#comment-39 Interchange Compliance - Downgrades (Part One) | Straight Pass Through Fri, 28 Mar 2008 04:04:42 +0000 http://www.straightpassthrough.biz/settlement/#comment-39 [...] and no money is deposited into your bank account. Best of all of the Visa transactions that do not settle with in 24 hours will be downgraded to a card category named EIRF. Cost of the fine - .76% increase [...] [...] and no money is deposited into your bank account. Best of all of the Visa transactions that do not settle with in 24 hours will be downgraded to a card category named EIRF. Cost of the fine – .76% increase [...]

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