Discover acquirer interchange manual

Acquirer Interchange and Cash Reimbursement Rates and Fees - Canadian and International Card Sales and Cash Advances The fee information and terms listed in the following chart are confidential information, and except for discussions you may have with your current acquirer, may not be disclosed to any third party, including, any other acquirer. Interchange is a small fee paid by a merchant’s bank (acquirer) to a cardholder’s bank (issuer) to compensate the issuer for the value and benefits that merchants receive when they accept electronic payments. Interchange also promotes credit availability for small businesses and is a key driver for financial inclusion when set at the. Current US Discover Interchange Rates When you open a merchant account with us you get the ability to accept Discover cards. Discover is a major credit card brand in the US. Other major credit cards include Visa, MasterCard, and American Express. Discover cardholder demographics tend to be younger, making this payment.

The acquirer fee (second +) How are these fees set? Scheme fees and Interchange fees are driven by variables such as the card level (platinum / commercial), by country of merchant and the issuer, merchant segment, transaction type (online payments / POS payments) and many more. 1 Proprietary and Confidential © DFS Services LLC Discover® Global Network Merchant-Initiated Transactions: Implementation Guide Version Novem This document, incorporated by reference into your Agreement with DFS Services LLC, contains detailed. Discover ® Acquirer Interchange and Cash Reimbursement Rates and Fees Use the dropdown menu below to select your country/language. Select Country/Language UNITED STATES - ENGLISH CANADA - ENGLISH COMMERCANTS CANADIENS - FRANCAIS.

Current US Discover Interchange rates. When you open a merchant account with us you get the ability to accept Discover cards. Discover is a major credit. Acquirer. Any bank, financial institution, and public or private company that and Discover where the majority of your card payment transactions are. In addition to interchange, the card associations – Visa, MasterCard and Discover Manually entered and e-commerce transactions have higher interchange.