Terminal Guidance
Merchant Services
Terminals are traditionally made for Card Present Transactions. Many businesses have moved to Mail Order/Telephone Order (MOTO) transactions, but are still utilizing their terminals. Every time you process a debit or credit card transaction, that transaction is assigned an interchange rate. This rate is impacted by everything from card brand to industry, but there are some actions you can take to ensure you qualify for the lowest possible interchange rate on every transaction.