Card Association Settlement
Acquire360 provides interchange clearing capabilities for all major card associations, including Visa, MasterCard, Discover (IMAP or EASI programs), American Express (CAPN or One Point programs), PIN Debit networks, EBT and private label transactions. The system provides reporting to identify transactions that qualify for interchange rates that are different than the rate submitted. Transactions reclassified by the associations can be automatically adjusted to the merchant as an option.
Acquire360 includes a rigorous qualification of each transaction in order to ensure that the acquirer and the merchant receive the lowest possible interchange cost. Acquire360 is regularly updated with the card association compliance releases.