What is Straight Pass Through?

Straight pass through has to do with merchant account risk. Visa and MasterCard have set specific rules to deal with these risks. For example, a keyed in transaction is a higher risk than a swiped transaction, because many times the card holder is not physically present. For keyed transactions, processed correctly, Visa [...]

Mid-Qual and Non-Qual Typically Means Hidden Fees

Part of my job is to review and analyze merchant account statements from various businesses around he country. When ever I see the categories of “mid qual” and “non-qual” I get a big smile on my face because I know my potential client is being taken advantage of.
Here is how these tiers work to [...]