Comments on: Why You Should Want Interchange Plus Pricing http://feefighters.com/blog/why-you-should-want-interchange-plus-pricing/ Mon, 06 Feb 2012 13:25:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: A.R. Rhoads http://feefighters.com/blog/why-you-should-want-interchange-plus-pricing/comment-page-1/#comment-47 A.R. Rhoads Thu, 06 May 2010 19:24:49 +0000 http://transfs.com/blog/?p=56#comment-47 The Transaction World article is still available (as of 5/6/2010) at: http://www.transactionworld.net/articles/2006/September/commonGround1.asp The Transaction World article is still available (as of 5/6/2010) at:

http://www.transactionworld.net/articles/2006/September/commonGround1.asp

]]> By: American Express Discount Rate–why higher? http://feefighters.com/blog/why-you-should-want-interchange-plus-pricing/comment-page-1/#comment-46 American Express Discount Rate–why higher? Mon, 22 Feb 2010 14:47:52 +0000 http://transfs.com/blog/?p=56#comment-46 [...] you get. Users save an average of 40% on credit card processing with the most transparent pricing: interchange plus. Share and [...] [...] you get. Users save an average of 40% on credit card processing with the most transparent pricing: interchange plus. Share and [...]

]]> By: American Express Discount Rate http://feefighters.com/blog/why-you-should-want-interchange-plus-pricing/comment-page-1/#comment-45 American Express Discount Rate Thu, 21 Jan 2010 16:41:29 +0000 http://transfs.com/blog/?p=56#comment-45 [...] you get. Users save an average of 40% on credit card processing with the most transparent pricing: interchange plus. Image thanks to http://www.flickr.com/photos/28473961@N02/2720590720/ Share and [...] [...] you get. Users save an average of 40% on credit card processing with the most transparent pricing: interchange plus. Image thanks to http://www.flickr.com/photos/28473961@N02/2720590720/ Share and [...]

]]> By: Resources for Retailers http://feefighters.com/blog/why-you-should-want-interchange-plus-pricing/comment-page-1/#comment-44 Resources for Retailers Mon, 26 Oct 2009 18:34:17 +0000 http://transfs.com/blog/?p=56#comment-44 [...] Why You Should Want Interchange Plus Pricing [...] [...] Why You Should Want Interchange Plus Pricing [...]

]]> By: Strategies for Cutting Processing Costs http://feefighters.com/blog/why-you-should-want-interchange-plus-pricing/comment-page-1/#comment-43 Strategies for Cutting Processing Costs Thu, 22 Oct 2009 17:11:51 +0000 http://transfs.com/blog/?p=56#comment-43 [...] 5) Interchange plus only- In contrast to confusing tiered pricing which charges different rates based on how “qualified” a credit card is, interchange plus is the most transparent form of pricing. Learn more about interchange pricing here. [...] [...] 5) Interchange plus only- In contrast to confusing tiered pricing which charges different rates based on how “qualified” a credit card is, interchange plus is the most transparent form of pricing. Learn more about interchange pricing here. [...]

]]> By: Tiered Merchant Account Pricing: The Epic Fail of a Pricing Model « Merchant Maverick http://feefighters.com/blog/why-you-should-want-interchange-plus-pricing/comment-page-1/#comment-42 Tiered Merchant Account Pricing: The Epic Fail of a Pricing Model « Merchant Maverick Tue, 13 Oct 2009 17:43:55 +0000 http://transfs.com/blog/?p=56#comment-42 [...] Those reasons being... 1. What is qualified at one processor could be mid-qualified (or even non-qualified) at another processor. This makes rate quotes from one processor very difficult to compare to another. 2. Most processors do not disclose what interchange categories are grouped into each tier. Since sometimes a lower interchange rate can be addressed by an action that the business owner can take, burying the actual categories within tiers can make it harder for a business owner to identify opportunities to lower his/her rates. 3. Since there is so little transparency into the rates, it is often the result of misunderstandings between the processor and merchant and sometimes can be an area where the situation is manipulated by the processor to generate additional profit at expense of the merchant. Here is an article written by a VP at Global Payments, one of the biggest credit card processors, ab... [...] [...] Those reasons being… 1. What is qualified at one processor could be mid-qualified (or even non-qualified) at another processor. This makes rate quotes from one processor very difficult to compare to another. 2. Most processors do not disclose what interchange categories are grouped into each tier. Since sometimes a lower interchange rate can be addressed by an action that the business owner can take, burying the actual categories within tiers can make it harder for a business owner to identify opportunities to lower his/her rates. 3. Since there is so little transparency into the rates, it is often the result of misunderstandings between the processor and merchant and sometimes can be an area where the situation is manipulated by the processor to generate additional profit at expense of the merchant. Here is an article written by a VP at Global Payments, one of the biggest credit card processors, ab… [...]

]]> By: sean http://feefighters.com/blog/why-you-should-want-interchange-plus-pricing/comment-page-1/#comment-41 sean Fri, 02 Oct 2009 16:30:34 +0000 http://transfs.com/blog/?p=56#comment-41 Hi David - thanks for pointing out the broken link. It looks like Transaction World took down the article. Fortunately, the Internet Archive stores a copy of the webpage for all time and I switched the link to that cached version. Hi David – thanks for pointing out the broken link. It looks like Transaction World took down the article. Fortunately, the Internet Archive stores a copy of the webpage for all time and I switched the link to that cached version.

]]> By: David http://feefighters.com/blog/why-you-should-want-interchange-plus-pricing/comment-page-1/#comment-40 David Wed, 30 Sep 2009 21:26:08 +0000 http://transfs.com/blog/?p=56#comment-40 I can not get into interchange plus pricing by clicking it and read it. Any suggestions? I can not get into interchange plus pricing by clicking it and read it. Any suggestions?

]]>