{"id":3912,"date":"2017-01-20T10:17:08","date_gmt":"2017-01-20T15:17:08","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=3912"},"modified":"2023-04-13T12:34:38","modified_gmt":"2023-04-13T16:34:38","slug":"qualified-vs-non-qualified-credit-card-rates","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/qualified-vs-non-qualified-credit-card-rates\/","title":{"rendered":"Qualified vs Non-Qualified Credit Card Rates"},"content":{"rendered":"<p style=\"text-align: left;\"><strong>Qualified vs Non-Qualified credit card rates <\/strong><\/p>\n<p><strong><em>The most common forms of rate structures for credit card rates are:\u00a0<\/em><\/strong><\/p>\n<p>2-Tiered: Qualified and Non-Qualified<\/p>\n<p>3-Tiered: Qualified, Mid-qualified, or Non-qualified<\/p>\n<p>Each and every transaction you accept is classified into one of the above and is the basis for the credit card rate you see on your statement.<\/p>\n<p>As a general rule, qualified transactions are going to be<strong> \u201cstandard\u201d cards;\u00a0<\/strong>\u00a0without any <em>consumer or corporate rewards<\/em> associated with them. Accepted in the <strong>\u201cstandard\u201d<\/strong> method expressed in your merchant processing agreement, this is where Card-Not-Present <em>(CNP)<\/em> setup comes into play.<\/p>\n<p><em><strong> Mid and Non-Qualified transactions include:<\/strong><\/em><\/p>\n<p>Rewards cards, keyed-in payments<em> (for swipe accounts)<\/em>, AVS <em>(Address Verification Service)<\/em> does not match or is not performed, not all required fields are entered, or the payment was entered in a late batch. Ex.\u00a0<em>the payment was sent to the<a href=\"https:\/\/www.nationaltransaction.com\/\"> processor<\/a> 48 hours or more past the time of the authorization.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qualified vs Non-Qualified credit card rates The most common forms of rate structures for credit card rates are:\u00a0 2-Tiered: Qualified<\/p>\n<div id=\"more-button\"><a class=\"btn btn-more excerpt-more\" href=\"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/qualified-vs-non-qualified-credit-card-rates\/\">Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":3918,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[412,622,21,84,27,298,212],"class_list":["post-3912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-card-not-present","tag-consumer","tag-credit-card-2","tag-merchant","tag-payment","tag-processor","tag-transaction"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=3912"}],"version-history":[{"count":3,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3912\/revisions"}],"predecessor-version":[{"id":4954,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3912\/revisions\/4954"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media\/3918"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=3912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=3912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=3912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}