For example the interchange rate that a business pays to swipe a visa reward credit card is 165 its up to a processor whether this interchange rate gets classified as qualified mid qualified or non qualified under the tiered pricing structure it uses to bill business that utilize its credit card processing service non qualified credit . When you get a credit card processing account so that customers can use credit cards at your establishment you might notice that the processor offers different rates for qualified and non qualified credit cards its easy to see that non qualified credit cards cost more in transaction rates but what differentiates the two qualified credit cards merchant . This fee is often referred to in the credit card processing industry as a non qualified transaction fee or non qualified downgrade fee or just as non qual this fee is actually a surcharge that is added on top of the base tier qualified rate for certain card types transaction methods and merchant mistakes. Keep in mind that visa does not see qualifications these are tiers that are invented by the processor and are assigned at their own discretion this means that each processor decides how each of the credit card types is qualified they then add the mid and non qualified rates on top of qualified rates for example. Special kind of credit card think about it when using merchant accounts some people will use an unknown or special type of credit card when one is entered with fewer digits or other parts the credit card processing company may charge a non qualified rate to the company
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