Merchant Interchange Auditor
14 transactions downgraded, costing $220.81 over the qualified interchange (21.4% of the $1,030.25 billed): $10.29 to refund and $210.52 avoidable with set-up fixes.
Billed 'EIRF Credit': $412.50 x 2.30% + $0.10 = $9.5875. Qualified 'CPS/Retail Credit': $412.50 x 1.51% + $0.10 = $6.3287. $9.5875 - $6.3287 = $3.26, rounded to the cent. Cause: settled 52 hours after authorization; the Visa window is 24 hours.
Method1Each transaction is benchmarked to the reference table's qualified category for its brand, card type and channel: chip, contactless and swiped are card present; keyed and ecommerce are card not present.
2Cost of a downgrade = amount x (billed rate - qualified rate) + (billed fixed fee - qualified fixed fee), rounded to the cent per transaction.
| Transaction | Brand | Card type |
|---|---|---|
| TXN-260902-0008 | Visa | consumer credit |
| TXN-260902-0009 | Visa | rewards |
| TXN-260902-0010 | Mastercard | consumer credit |
Processor statement transaction detail (CSV)
Downgrade analysis and a processor repricing request (Processor repricing request, Downgrade analysis (CSV))
$2,500 / month, 30% to the referring partner
Read in memory for the session, never stored, never used to train a model.
Not financial, investment, banking or securities advice. Filings and screening results must be reviewed by a qualified compliance professional.