The Green Sheet Online Edition
October 24, 2011 • Issue 11:10:02
Linking to your website
I am new to being an ISO and have developed my own website. As part of the website, I wanted to provide industry updates. Would it be possible to link certain articles that The Green Sheet publishes from my site back to yours?
Thank you for relying on The Green Sheet as a resource in your career as an ISO, and congratulations on your website's launch. As long as you're just linking to articles published on our website, and not uploading them to your website, you have The Green Sheet's approval to go ahead with this.
Latest MasterCard and Visa interchange rates
Do you know how I can access current interchange rates for Visa and MasterCard? With all the controversy in the news about interchange, I want to be sure I can point to the most up-to-date information when talking with my merchants about what they call "swipe fees."
Spot-On Payments Inc.
We, at The Green Sheet, agree it's important to have current information on hand when speaking with merchants, who rely on professionals like you for guidance regarding interchange and other matters pertaining to transaction processing and related services.
Visa Inc.'s most recent rates are on the web at http://usa.visa.com/merchants/operations/interchange_rates.html. MasterCard Worldwide rates are posted at www.mastercard.com/us/merchant/pdf/MasterCard_Interchange_Rates_and_Criteria.pdf.
We also provide these links on our website's Resources page (www.greensheet.com/resources.php) under Card Brand Interchange Rates.
The skinny on the CPP exam
How can I find more information about the new Certified Payments Professional program recently put in place by the ETA?
I'm relatively new to the industry and think, in some sales situations, becoming certified could make a difference between landing and losing a new merchant account.
Even at this early stage - before there is widespread knowledge of the Electronic Transactions Association's Certified Payments Professional (CPP) program among merchants and the industry's feet on the street - the CPP designation will likely demonstrate a commitment to excellence and knowledge of payments industry best practices on the part of those who pass the exam.
That type of effort typically benefits a person's career in the long run.
The ETA provides a 19-page pamphlet titled Electronic Transactions Association Certified Payments Professional: Candidate Handbook, which can be found on the web at www.electran.org/docs/CPP/ETACPPHandbook.pdf.
The handbook covers what candidates need to know about the purpose of the program, who is eligible to take the exam, how to apply and prepare for the exam, and where and when the exam is being offered.
The exam is administered twice a year.
The deadline for 2011 testing has passed; the deadline for testing in May 2012 is April 1.
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