MasterCard, Visa and Discover have all announced changes to Interchange to take effect October and November 2008.
Visa has announced a new Government-to-Government (G2G) program for government services merchants and a new Tax Payment program for eligible government taxing authorities, or parties acting on their behalf. Both of these new programs require merchant registration. Vantage government clients will automatically be enrolled.
Since 2005, Vantage has monitored, recorded and reported on Interchange changes impacting merchants. Read more about the Fall 2008 Merchant Interchange Rates.