Credit Card Processing: A Primer
How to shop for a service bureau, understand processing charges and much more
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Tim Litle
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The base rate for processing bank-card transactions is set by the bank-card associations and is called the interchange rate. From that baseline each service bureau adds its own fees and charges.
Unfortunately, there are many ways these charges can be abused. The most common is through downgrading, which usually is blamed on a transaction with missing or insufficient data such as an order number, a reservation or a certificate number associated with the order.
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