Post details: 'Interchange Plus' Pricing
09/09/06 06:54:20 pm, Categories: US Merchant Accounts, 85 words
'Interchange Plus' PricingFrom Greg Cohen, at www.transactionworld.com: "Until recently, only the largest merchants have been able to obtain “Interchange-Plus” Pricing. Otherwise known as “interchange pass through” pricing, Interchange-Plus is the practice of pricing a merchant with a transaction fee and then passing the exact interchange and assessment costs from the Associations to the merchant. ...Over the long haul, by limiting the use of Interchange- Plus pricing you can simplify the sales and service cycle, increase your profits, and create greater long-term value in your portfolio."
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