Payments 101 – Merchant Service Charge and Charging Structures

01st February 2018
Contributor:
Jenna Birch
Jenna Birch

In our latest Payments 101 video series, we investigate the elements of the Merchant Service Charge (MSC) and breakdown the different charging structures. We highlight factors which affect your interchange fee, scheme fee and acquiring margin including: region, channel, capture method, and card type, as well as explaining the three major charging structures available to merchants: blended, interchange+ and interchange++

 

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