Credit Card Processing Explained

The “hidden” truths behind credit card processing

Processing companies do an exceptional job of telling you what they want you to know. They do an even better job of making sure you do not find out what they do not want you to know. Such as

  • What is “interchange”. What is a “qualified” transaction?
  • What is a”non-qualified transaction”?
  • What did you do to qualify or not qualify for something?
  • What is the difference between signature, pin-based and regulated debit?