Let’s Get Rid of Your EIRF!

If you are seeing a Visa transaction category named “EIRF” on your merchant account statement you are probably paying much more in discount fees than you need to. If you do not know what EIRF is, read this post and then come back: What is EIRF?
So how do we get rid of EIRF? [...]

Posted on April 23rd, 2008 by Robb Lejuwaan in Basics, EIRF, Merchant Account, Non-Qualified, Qualification, Rates and Fees, Straight Pass Through , , , , ,
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What is a Merchant Account Downgrade?

A downgrade occurs when a transaction fails to meet certain pre-defined criteria from Visa or MasterCard, and an additional charge is added to the discount rate for processing the transaction.

Posted on March 8th, 2008 by Robb Lejuwaan in Basics, Interchange, Key Phrases, Merchant Account, Qualification, Rates and Fees , , , , , , ,
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