Skip to main content

Reduce Your Transaction Integrity Fees

As I am working through statements from day to day, I started to notice that some restaurant locations were paying very steep discount charges. What I discovered was those same businesses were also being assessed a high number of TIFs (Transaction Integrity Fees).

Just what does this fee mean and how does can it impact your business? Starting in April 2012, Visa introduced this new $.10 for each debit card that does not qualify for the CPS (Custom Payment Service) interchange rate. 

You might be wondering how a debit transaction does not qualify? After all, you are simply swiping the customers credit card, right? Well there are several possibilities. 
  • Transactions are not settled (batched) within 2 days 
  • AVS (Address Verification) is not requested for key-entered sales 
  • Internet sales do not include order number of customer service number 
  • Hotels are not providing all the requested data 
Therefore, depending on your business practice, you could be assessed a TIF fee. Additionally, those sales will also downgrade to the EIRF or Standard interchange category, meaning you will be paying a higher percentage rate for those sales.   What can you do to reduce your merchant account fees. It’s simple. 
  • Make sure you batch out every day. All merchant account providers should be able to program a feature into your terminal that will auto batch each day after you close shop. 
  • Make sure to enter AVS information accurately for each card you manually enter 
  • If you run an online business, make sure to get the customer order or service number for each sale. 
  •  If you run a hotel, get everything required. 
By following these suggestions, you can qualify more sales for the best rates and more money in your pocket.

Read the new Green Sheet review on Merchant Statement Analysis:


Popular posts from this blog


Businesses often rely on a variety of vendors and suppliers to provide the materials and services needed to run their operations. However, it's important to keep track of these expenses and ensure that you are being charged correctly. One way to do this is through merchant statement analysis. Merchant statement analysis is the process of reviewing and analyzing the statements provided by your vendors and suppliers. This allows you to identify any errors or discrepancies in the charges, such as duplicate charges or incorrect pricing. By regularly having your statements reviewed, you can ensure that you are only being charged for the goods and services that you have actually received. The best help with merchant statement analysis is from us: Merchant Statement Analysis. Its our very name! This service  quickly and easily reviews and analyzes  merchant credit card statements. It can save time and reduce errors, leading to more accurate and reliable financial information. A merc


Hey there! So, accepting credit cards is pretty much a necessity for any business these days, right? But, the cost of credit card processing can add up quickly. From merchant account fees to chargeback fees, it can be tough to keep track of what you're paying and why. In this article, we're going to break down the costs of credit card processing and give you some tips on how to avoid overpaying. First, there's merchant account fees. This is the fee you pay to the company that sets up your merchant account, which is the account you use to accept credit card payments. Merchant account fees can vary widely, and they can include monthly fees, annual fees, and application fees. It's important to shop around and compare merchant account fees from different providers to make sure you're not overpaying. Next, there's interchange fees. These are the fees that are charged by the credit card issuer, such as Visa or Mastercard, for each transaction. These fees are set by th


LATEST OFFICIAL INTERCHANGE RATES  Here is where you will find the latest interchange reimbursement rates that are available to the public.  Merchant Statement Analysis is here to help you with your statement quote needs.  Just click the Welcome MSA logo to the right of this page to visit our website and get more help.  VISA USA VISA EUROPE   MASTERCARD  MASTERCARD EUROPE WELLS FARGO PASS-THROUGH FEES  WELLS FARGO PAYMENT NETWORK QUALIFICATION MATRIX