Interchange, transaction levy, discount rate,? Hi, everyone: I'm confused about the relations among the three, and also
I'm confused about the relations among the three, and also where do they be in motion to?
(issuer, acuqirer, MC/Visa, Processor)
Thanks in advance~!
:=)
Answer:
Dude, talk to a financial advisor. I would not count on Yahoo answers to relieve me with that. Its like trying to grasp legal advice here.
Mastercard and Visa are the issuer's,
Consumer is the acquirer.
Processor is the 3rd body that processes the credit acrd transaction, such as www.authorize.net
http://www.expert-credit-advice.com/cred...
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