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- Interchange_Plus abstract "Interchange plus is the term used to describe a merchant account pricing model where a fixed markup is applied directly to interchange fees published by Visa®, MasterCard® and Discover®.Interchange Plus is the common name for a pricing structure for accepting credit card transactions by merchants.The Interchange fee is an important factor in determining the actual cost of accepting creditcards.In Europe, the most common commercial contract between a merchant and the bank (the acquiring bank) consists of a fixed commission percentage called the Merchant Service Commission or MSC.Based on characteristics such as volume, national/international traffic and risk, the acquirer negotiates a fixed MSC for all transactions with the merchant. This is called a blend rate because it blends in all different rates buying in one selling rate for the acquiring bank. Calculated in the blend rate is an insurance for the acquiring bank against changing buying rates.Interchange Plus pricing means that the acquirer charges you a variable MSC consisting of the cost price plus a fixed markup.This MSC will then vary between transactions depending on the characteristics of the transaction such as card type, channel (point of sale, e-commerce or call center) and security measures involved (Card Verification Code, 3-D Secure).This gives merchants insight in the cost of their payment traffic and can also realize a lower total payment cost.In the USA and for corporate merchants, interchange-plus pricing is common practice.".
- Interchange_Plus wikiPageID "15251826".
- Interchange_Plus wikiPageLength "1951".
- Interchange_Plus wikiPageOutDegree "9".
- Interchange_Plus wikiPageRevisionID "598715031".
- Interchange_Plus wikiPageWikiLink 3-D_Secure.
- Interchange_Plus wikiPageWikiLink Acquiring_bank.
- Interchange_Plus wikiPageWikiLink Card_Verification_Code.
- Interchange_Plus wikiPageWikiLink Card_security_code.
- Interchange_Plus wikiPageWikiLink Category:Credit_card_terminology.
- Interchange_Plus wikiPageWikiLink Discover_Card.
- Interchange_Plus wikiPageWikiLink Interchange_fee.
- Interchange_Plus wikiPageWikiLink MasterCard.
- Interchange_Plus wikiPageWikiLink Merchant_Service_Commission.
- Interchange_Plus wikiPageWikiLink Visa_Inc..
- Interchange_Plus hasPhotoCollection Interchange_Plus.
- Interchange_Plus wikiPageUsesTemplate Template:Multiple_issues.
- Interchange_Plus wikiPageUsesTemplate Template:Reflist.
- Interchange_Plus subject Category:Credit_card_terminology.
- Interchange_Plus hypernym Term.
- Interchange_Plus type Article.
- Interchange_Plus type Article.
- Interchange_Plus type Card.
- Interchange_Plus type Term.
- Interchange_Plus comment "Interchange plus is the term used to describe a merchant account pricing model where a fixed markup is applied directly to interchange fees published by Visa®, MasterCard® and Discover®.Interchange Plus is the common name for a pricing structure for accepting credit card transactions by merchants.The Interchange fee is an important factor in determining the actual cost of accepting creditcards.In Europe, the most common commercial contract between a merchant and the bank (the acquiring bank) consists of a fixed commission percentage called the Merchant Service Commission or MSC.Based on characteristics such as volume, national/international traffic and risk, the acquirer negotiates a fixed MSC for all transactions with the merchant. ".
- Interchange_Plus label "Interchange Plus".
- Interchange_Plus sameAs m.03hn7j1.
- Interchange_Plus sameAs Q17056759.
- Interchange_Plus sameAs Q17056759.
- Interchange_Plus wasDerivedFrom Interchange_Plus?oldid=598715031.
- Interchange_Plus isPrimaryTopicOf Interchange_Plus.