Video: It’s Time to go Interchange Plus! (October Rates Changes)

Watch this video to learn about changes to Interchange coming in October and why, if you have a merchant account with tiers (qualified, mid-qualified and non-qualified), it is time to switch your account to an Interchange Plus price model.

Check back here in the next few days for more specifics on the coming changes to Interchange.

Merchant account confusion - “mid-qualified” and “non-qualified”

Every week I go through the search terms the visitors to this blog type in before they arrived here. Mainly I see them attempting to discover what the “mid-qualified” and “non-qualified” terms mean on their monthly merchant account statements. According to my experience here are some simplified definitions for these terms.
For Visa Transactions
Qualified = [...]