Slide 1: Merchant Processing: Interchange Pricing Model
Merchant Processing Interchange Pricing Model
Slide 2: Interchange Basics
Interchange Basics The Interchange Pricing Model is the cost of interchange, card brand fees, and processor fees, passed through to the merchant.
Slide 3: Interchange Basics
Interchange Basics Interchange – The standardized electronic exchange of financial and non-financial data associated with sale and credit data between merchant acquirers and card issuers on various types of MasterCard, Visa, etc. transactions. Assessment – Fees charged on all credit and signature-ba
Slide 4: Types of Cards
Interchange Basics Types of Cards
Slide 5: How Interchange is Processed
Interchange Basics How Interchange is Processed
Slide 6: Retail Interchange: Card Present
Interchange Basics Retail Interchange: Card Present
Slide 7: MOTO/E-Commerce Interchange: Card Not Present
Interchange Basics MOTO/E-Commerce Interchange: Card Not Present
Slide 8: Card Present vs. Card Not Present
Interchange Basics Card Present vs. Card Not Present Please Note: The rates above are an example for how the card brand fees vary. These rates change bi-annually so the rates above are examples only.
Slide 9: Contact Us!
Contact Us! If you would like to learn more about Meridian’s Merchant Pricing Model, please visit our website at meridianbanker.com or email us at merchant@meridianbanker.com. We look forward to hearing from you! Gregory P Herrmann AVP, Treasury Payment Solutions 484-540-9617 (Office) All of the inf