Suggested search terms: geniusvx520ictbank accountfees

Articles tagged: charges

How do I avoid downgrades?

Avoiding downgrades ensures that you are paying the lowest possible transaction fees. A transaction can fall into one of three rate categories and processors charge a different fee depending on which category a transaction falls into. A transaction can fall into one of the following categories:

  • Qualified – lowest risk and lowest cost per transaction
  • Mid-qualified
  • Non-qualified – highest risk and highest cost per transaction

What is a downgrade?

Read More “How do I avoid downgrades?”