This question was asked by an attendee during the Proformative
A video of the webinar can be viewed here: https://www.proformative.com/resources/webinar-video-leveraging-analytics-manage-cost-credit-debit-card-payments
How can I better understand and audit credit card interchange rates? (Webinar Attendee Question)
Answers
there are many blogs, including ours at http://www.optimizedpmts.com/blog/ that cover the payments industry. These blogs and articles can educate you on interchange, as well as the payments industry. You can also contact your acquirer/processor for more information about interchange. Honestly, you have to invest meaningful time to really understand the nuances of the payments game. You can also look to industry consultants to help you ramp up your knowledge and provide you with an initial audit.
Feel free to reach out to me at [email protected] if I can help.
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