@Johnie Correct nothing is free. A merchant does not need to pay to accept EMV/NFC. Most can get interchange plus rates. $0 to cancel.
@collegeitdept 2) Merchant accounts are the most competitive business and someone paying 5% will see 100s of calls to lower rates.
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@BrianRoemmele calls asking for lower rates. Doesn't mean the banks will acquiesce -
@collegeitdept 1) well, Interchange is set by the associations with input by banks. - 1 more reply
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