History of Interchange

I am looking for a link or a Web site where I can go to find information regarding the history of interchange.

What I am particularly looking for is what interchange pricing was in the year 2000 and a grid showing how it has changed and what it has been raised to until 2005 for Visa and MasterCard. Any information would be greatly appreciated. Thanks in advance.

- MLS Forum member "chanin1"

chanin1:

Try doing a search on GS Online for "interchange." We have published the rates in The Green Sheet over the past several years. You will find the most current rates on GS Online's Industry FAQs section at www.greensheet.com/interchange2005.html

In the mean time, check out the cover story of this issue "What's at Stake in the Interchange Wars."

Editor

Just Starting Out

Where do I start, to be my own ISO/MSP?

- Joe G.

Joe:

We receive questions like yours often. That's why we created the Industry FAQs section on GS Online: www.greensheet.com/mlsportal/industryfaq.html .

These pages provide answers to many of the questions posed by individuals who have either just started out in the payment processing industry as a merchant level salesperson, or who hope to take the next step in their business venture by becoming an ISO/MSP. Good Luck!

Editor

Updating a RetailBusiness.com Web Site

My Web listing on www.RetailBusiness.com needs to be updated. ... Will you direct me to the right place on your site?

Thanks,
John Perkins
Bay State Merchant Services

John:

Please contact The Green Sheet's Art Director, Troy Vera, at troy@greensheet.com for help with updating your www.RetailBusiness.com listing.

Editor