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Lesson 3: How to Read a Processing Statement
Reading a Processing Statement
Introduction to Reading Statements
Batch/Deposit Summary Report
Daily Discount
Card Type Summary Report & AMEX Opt Blue
Card Type Summary Report / Other Card Types
Per Item Fees / Discount Rate
Introduction to the Interchange Table
Statement Interchange Table
Surcharge Table
Interchange Mark Up
Pin Debit Network Fees
Card Brand Fees
Processor Per Item Fees
Batch Settlement Fee
Monthly / Annual Fees
Qualified, Mid-Qualified and Non-Qualified Fees
Downgrade Transactions
Statement Interchange Table
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