Announcement! Beware of Merchant Service Interchange Fee Padding

It has been observed that in recent months some merchant service providers are adding additional charges to their hard costs and passing these onto the merchant. This is known as "padding".

This is why Merchant Statement Analysis is providing a key merchant rate analysis service which reveals these practices and helps businesses save money.

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FIND THE LATEST MERCHANT CREDIT PROCESSING INTERCHANGE RATES HERE

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

WHAT WILL REDUCED VISA INTERCHANGE RATES LOOK LIKE

Visa claims that many business owners will experience reduced interchange rates in April 2022. https://usa.visa.com/support/merchant/library/visa-merchant-business-news-digest.html The claim is that more than 90% of American businesses interchange rates will be reduced by 10%. These changes will take effect April 2022. We will soon find out how this is implemented. Will other card associations follow suit? It has been since before the pandemic that MasterCard or Discover have done anything significant. As soon as we know you will know. UPDATE May 16, 2022 Ok so the new rates are out! Visa did indeed revise rates for merchants processing less than $250k per year on Visa card volume. This reduced category is called Visa Small Merchant. However, Visa did increase their Non Qualifying consumer and business cards. Business owners will definitely want to process in a the right way to avoid getting hit with that charge on the sale! MasterCard and Discover adjusted their rates on

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