Mastercard Merchant Agreement

Here is a summary of the changes in the rules necessary for the comparison that the Mastercard purchaser makes available to your dealer. You`ll find details of the conditions under which merchants can levy a surcharge on Mastercard credit transactions in the specific change to the No Surcharge rule, which they can view with a click here. The amount of fees a merchant can charge a cardholder is limited compared to the cost of the merchant accepting Mastercard credit. For merchants who opt for a brand supplement, a merchant may only count a Mastercard holder at a price below the average effective discount of the merchant that the merchant pays to the purchaser for the purchaser`s mastercard or the maximum allocation limit found below. For merchants who charge a product supplement, the surcharge cannot be higher than the cost borne by the distributor for the acceptance of the Mastercard credit product, net of the ceiling of the durbin modification for debit interchange commissions. A merchant must clearly inform the distributor`s customers of the merchant`s loading practices at the time of the interaction, which include the amount of the surcharge and the dollar amount of the surcharge on the transaction voucher made available to its customers by the merchant. Traders should refer to the specific rule applicable to additional advertising obligations for consumers. Nothing in Mastercard`s rules affects a trader`s obligation to comply with existing state or federal laws, including, but not limited, state laws that may prohibit or limit the burden of credit transactions, and federal and regional laws regarding misleading or misleading claims. As a mastercard processor or dealer, you are essential to our success. And this success is best guaranteed if you have access to mastercard rules and if you understand them, and how they can apply to your business. Merchants can apply either a branded supplement or a product surcharge on Mastercard credit cards. A brand supplement is a brand-level surcharge, in which the merchant calculates the same percentage on all Mastercard credit cards. A product surcharge is one in which the trader receives a mark-up on a given mastercard credit product.

In both cases, the amount of the mark-up is capped. We allow merchants to accept payments through all channels – in-store, online, via mobile payments, and in unsupervised locations, such as fuel pumps. Whether you can use an inter-channel channel or more, we can help you speed up the checkout, deliver innovative customer experiences, and deliver loyalty and rewards. The ability of a trader to impose a market depends on the merchant`s satisfaction with certain advertising obligations. These advertising obligations include prior notification to mastercard and the merchant`s purchaser of the merchant`s intention to apply a surcharge, no less than thirty days before the merchant pays a surcharge.