Are your Visa and Mastercard rates too HIGH?

Merchant Credit Card Discount Rates have changed; no longer can a rate of 1.65% be considered a low cost rate. Visa & Mastercard have re-structured the card industry with the introduction of specialty cards, such as Visa Infinite, Corporate, Aeroplan and other Points cards. Mastercard, more so than Visa, supports specialty cards, High Spend and World Cards. These cards cost the Banks that issue them more than a plain Visa or Mastercard. To support the extra cost, both organizations have added a “Downgrade” or “Surcharge” to transactions when these cards are used. In short, the merchant pays more to accept these cards.

Merchants will need to know what the extra cost of each card is before knowing if their pricing is good or not.

Call us today for a FREE, no-obligation analysis of your current rates. Let us help you save money.


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