{"id":4110,"date":"2017-03-10T12:16:02","date_gmt":"2017-03-10T17:16:02","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=4110"},"modified":"2017-03-10T12:16:02","modified_gmt":"2017-03-10T17:16:02","slug":"qualified-vs-non-qualified-credit-card-rates-2","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/qualified-vs-non-qualified-credit-card-rates-2\/","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-2\/\">Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":4033,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69,139],"tags":[],"class_list":["post-4110","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-practices-for-merchants","category-travel-agency-agents"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/4110","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=4110"}],"version-history":[{"count":2,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/4110\/revisions"}],"predecessor-version":[{"id":4112,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/4110\/revisions\/4112"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media\/4033"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=4110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=4110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=4110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}