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Table of Contents

Lead Story

The road ahead for mobile payments

News

Industry Update

Interchange in federal sights - again

Will Merrick's lawsuit affect PCI auditors?

Respect sought for MLSs

Pulse touts positive debit trends

Features

A bad man gone good

Selling Prepaid

Prepaid in brief

nFinanSe lowers already 'lowest' activation fee

Franchise that closed-loop

Prepaid, quite an opportunity

Views

Interchange debate rages on

Patti Murphy
The Takoma Group

Mobile payments gaining traction - finally

Ben Goretsky
USA ePay

Education

Street SmartsSM:
Raising the networking bar

Jon Perry and Vanessa Lang
888QuikRate.com

Negotiate to get your way

Vicki M. Daughdrill
Small Business Resources LLC

Fallout from the Great Recession

Adam Atlas
Attorney at Law

Stand alone or marry up

Dale S. Laszig
DSL Direct LLC

Want a long-lasting relationship? Snail away

Nancy Drexler
SignaPay Ltd.

Company Profile

Authorize.Net

Clearent LLC

New Products

Processing in a matrix

Multiple Merchant Account Matrix
Ezic Inc.

Don't kick the machine - call a number

ePort EDGE
USA Technologies Inc.

Inspiration

Welcome your inner dingbat

Departments

Forum

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

June 22, 2009  •  Issue 09:06:02

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Forum

Cheers for the encryption story

I got the GS (09:05:02) today and I must comment on how comprehensive and truly well written the lead story, "Diverse perspectives on end-to-end encryption," is. ... Secondly, where the story continues on page 63, the top of the page says, "Women Who Mentor from page 1." Is this a Freudian slip?

Brandes Elitch
CrossCheck Inc.

Brandes,

Thank you for letting us know you appreciate the quality of the cover story for The Green Sheet May 25, 2009, issue 09:05:02. We strive to offer timely information that will help our readers thrive in their careers, and we count on feedback from people like you to help us continue to provide useful, stimulating content as the industry continues to evolve. The text at the top of page 63 should have said "Encryption from page 1." It was a slip, but not likely of the Freudian kind. It's just an error we failed to catch during the proofing process; please accept our apologies.

Editor

What's up with High Value World Interchange?

How can I find out how the High Value World Cards (new interchange levels) affects pricing in interchange?

Dave Roberts
First Payments Systems

Dave,

We referred your question to Green Sheet Advisory Board member Ken Musante, Executive Vice President and Chief Sales Officer of Moneris Solutions. His response follows:

MasterCard Worldwide's interchange can be found at the following URL: www.mastercard.com/us/merchant/acceptance/interchange_rates.html

High Value World Interchange is addressed on pages 44 to 55. The High Value interchange schedule and rates are identical to those of MasterCard World Elite.

The reason they have separate schedules is that the High Value and World Elite are targeted to different consumer bases. High Value targets consumers spending over a threshold of $50,000 per year; World Elite targets high net-worth and high-income individuals.

Although the two interchange schedules are the same, at some point, MasterCard could differentiate these programs. This allows for greater flexibility in targeting MasterCard's competitors - Visa Inc. and American Express Co.

We hope this explanation is helpful. Please let us know if you have further questions.

And thank you, Ken Musante.

Editor

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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