Are we charged additional fees when we key-enter a transaction, opposed to when I swipe a card?
Description
Are we charged additional fees when we key-enter a transaction, opposed to when I swipe a card?
Resolutions
The Credit Card associations could potentially increase the cost for a transaction which is key-entered. Card associations (Visa, Mastercard, American Express, and Discover) typically view key entries as risky for Retail accounts, therefore the transaction would fall in a different Interchange qualification related to the fee rate for the transaction.
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