[Yankeeman07]

I wasn't stating his numbers were correct, just that if his numbers were correct, he had a great rate.
Since he states 99.9% is CNP, I agree with you he is not @ 1.573

Link to current MasterCard Interchange :

https://www.mastercard.us/en-us/abou...terchange.html

Visa Interchange :

https://usa.visa.com/support/small-b...ions-fees.html

BTW, I am currently involved in merchant processing, but, I do not participate in the race to the bottom.
If the only item important to the merchant is the "lowest rate" I'll pass on the account.

[Winning]

Here is a redacted version (all my identifying info removed) of my Feb 2018 Statement...
https://www.dropbox.com/s/viomaakpnq...ement.jpg?dl=0
Take a look at it and let me know my error in figuring out my effective rate..

There is 1 fee on there that I did not include in my original calculation.. because it is a fee that will no longer be on my statements..
The 19.99 SAQ/SCAN INCOMPLETE Fee. That was on there because I did login and answer the pci compliance questionnaire and scan.
That has been done, and the fee will not reappear for at least 12 months.
So according to that invoice, the total amount deducted is 561.28. take away the 19.99 fee, the total would have been 541.29. I used the 541.29 to come up with my effective rate.

Please take me to school, if I did something wrong. I am here to learn!

Thanks