{"id":3922,"date":"2017-01-23T11:35:29","date_gmt":"2017-01-23T16:35:29","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=3922"},"modified":"2023-04-13T11:52:04","modified_gmt":"2023-04-13T15:52:04","slug":"makes-rate-youre-paying","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/makes-rate-youre-paying\/","title":{"rendered":"What Makes Up The Rate That You\u2019re Paying?"},"content":{"rendered":"<p><strong>What Makes Up The Rate That You\u2019re Paying?<\/strong><\/p>\n<p><em><strong>Most rates are made up of three parts:<\/strong><\/em><\/p>\n<p><strong>Interchange<\/strong> \u2013 Goes to the bank that issued the card, and is typically made up of a flat rate plus a percentage of the sale.<\/p>\n<p><strong>Assessments<\/strong> \u2013 Go to card network like Visa, MasterCard, Amex, Discover etc.<\/p>\n<p><strong>Processor fees<\/strong> \u2013 Fees involved with providing the service, risk assessments, the type of transaction, and the size of the transaction.&nbsp; This portion includes the margin between the total rate and the two previous parts, along with any incidental fees, like chargeback or statement fees.<\/p>\n<p>There are a lot more intricacies of what makes up a credit card rate, but this information gets you off to a good start.&nbsp; If you&#8217;re interested in learning more about electronic payments, check our website<a href=\"https:\/\/www.nationaltransaction.com\/\"> www.nationaltransaction.com<\/a> or call now 888-996-2273 and talk to our Payment Consultant.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Makes Up The Rate That You\u2019re Paying? Most rates are made up of three parts: Interchange \u2013 Goes to<\/p>\n<div id=\"more-button\"><a class=\"btn btn-more excerpt-more\" href=\"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/makes-rate-youre-paying\/\">Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":3714,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[199,225,1018,401,21,84,27,298,212],"class_list":["post-3922","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-practices-for-merchants","tag-bank","tag-card","tag-card-network","tag-chargeback","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\/3922","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=3922"}],"version-history":[{"count":3,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3922\/revisions"}],"predecessor-version":[{"id":4952,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/3922\/revisions\/4952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media\/3714"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=3922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=3922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=3922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}