What is Tiered Rate Pricing?

Our Tiered Rate pricing model is made to make the complications of all the different card types simpler within the interchange rates issued by the Card Banks, while still being able to provide better rates on certain card types that some businesses may process more frequently.

Under our Tiered rate plan, we take all the numerous card types issued by the Card Brands and group them three “Tiers”. These “Tiers” are referred to as; Qualified, Mid-Qualified and Non-Qualified, with qualified being the least expensive, to Mid-Qualified being a bit more costly, and Non-Qualified cards being the most expensive of the three. This is where O3 Merchant comes in to set a unique discount rate that is different for every tier based on our costs, and we will set a single transaction fee that will be applied no matter which tier the transaction falls into.

Contact O3 Merchant Services at (888) 441-0108 or 1(818) 500-0001 and visit our website www.o3merchant.com today to learn if tiered rate pricing is right for your business.

As a leading trusted Merchant Service Company with over two decades of experience, O3 Merchant specializes in providing fast and secure credit card payment processing and transactions, excellent customer service and innovative payment options for small and medium-sized businesses nationwide. When you open a Merchant Account with us your business will be able to accept all forms of payment from Visa, MasterCard, Discover, American Express, Credit and Debit transactions, along with Samsung Pay, Apple Pay, and Google Pay.

At O3 Merchant we are ready to equip businesses with the right solutions and tools to help them succeed! We do this by offering several pricing models and solutions that are best for your business. We also offer various up-to-date equipment, ranging from smart terminals to POS devices that can help your business be more efficient and profitable. We offer you all of this and provide top-of-the-line customer service and support.