Tip of the Iceberg – Missing Debit Card Rate Reduction

I am reviewed three merchant account statements today and they all have one thing in common – these businesses are not receiving a reduction in rate when a customer uses a debit card. On one statement there is no debit card activity noted at all. So just in case you have not heard [...]

Posted on November 6th, 2007 by Robb Lejuwaan in Customer Service, Interchange, Merchant Account, Straight Pass Through Business, check cards, Debit Card, Debit Cards, Interchange, Merchant Account, merchant account provider, merchant fees, payment processing, Rates and Fees, Straight Pass Through, tip of the iceberg, Truth, Visa, warning sign

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