MasterCard new annual merchant fee excludes pin-debit volume

Following Visa’s new merchant fee announcement, MasterCard will launch a new annual fee for acquirers on July 1, 2012. No specifics of the fee has been released, however, it will be based on credit-card volume and pin-debit volume will be excluded from the calculation.

Once again, CenPOS retail customers will have another advantage at escaping increased fees. CenPOS pin debit conversion rate averages over 75% across all USA markets. Pin-debit also mitigates merchant risk with only a 14 day window for consumer disputes vs 120 days for signature debit.

About CenPOS : “Creating efficiencies through payment innovation”

Founded in 2009, Miami-based CenPOS is a payment technology provider committed to providing its customers and partners with innovative solutions for today’s rapidly evolving consumer payment choices. CenPOS is an intelligent payment-processing network that streamlines the payment experience for businesses and consumers by using state-of-the-art technology to replace inefficient, outdated payment systems.

CenPOS sales: Christine Speedy direct (954)942-0483