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What is a Mid-Qualified Discount Rate?

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What is a Mid-Qualified Discount Rate?

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Mid-Qualified discount rates are applied for all transactions meeting the operating guidelines as outlined below: * Retail Merchants Manually keying in credit card orders using AVS & order number on Visa and MasterCard transactions. * Rewards Level Cards often fall into the Mid and sometimes even the Non Qualified rate categories, unless seperately quoted or indicated specifically. * Internet / MOTO Merchants There is no mid-qual rate for Internet / MOTO merchants.

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