'Interchange Wars': Emerging Techniques for Reducing Merchant Processing Fees
ISOs and Acquirers are constantly on the look-out for a better deal that helps them reduce interchange and fees – or even pass it onto customers. Emerging techniques that Merchant Services Providers are using to help their merchants contain costs include:
- Cash Discount
- Tender-type Steering with TranCentives®
- Interchange Minus™ with PayVus®
While there are multiple options for merchants to reduce costs and each has their benefits and are applicable to specific merchant segments. In this whitepaper, we'll be focused on the different methodologies that ISOs, Acquirers and Merchants can use to be competitive in the market.