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Start Now!Understanding Interchange Rates and Other Fees – Know The Basics Before Negotiating Pricing
Many merchants think card processing is pretty simple, not realizing how interchange rates (issuer and card association fees, dues and assessments) drastically affect their bottom line. They think the customer’s card information, obtained during an on-line purchase, is sent to one of the card associations — Visa, MasterCard, Discover, American Express.
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