Image by Kelly Sikkema

How do I know if a card is eligible for savings?

Typically, unless your customer knows for sure what type of card they hold, you can't know what the rates will be ahead of time. But, if you see the word "business" or a company logo on the card, it may be eligible.

Most merchants and cardholders will not be able to decipher what card types they are dealing with in real-time. Part of this is by design - many cards are ambiguously designed, and don't offer much forward-facing information. Many customers simply don't understand how things work, and don't know what types of cards they hold. As such, more often than not, you won't know what cards you're accepting. But there are some basic rules-of-thumb that you can bear in mind:
 

  • Debit cards are almost always cheaper under all circumstances

  • Seeing the word "business", "corporate", or "purchasing" is a good indicator of savings

  • If your client is using their company-issued card, it's likely eligible

  • American Express and Discover cards are not eligible for savings

  • To actually get the lower rates, you must use a level 3 gateway like the AND gateway

We're serious about saving money.

AND is dedicated to getting your processing rates as close to zero as possible. We utilize membership pricing along with cash discounting and surcharging programs to maximize savings. Let our analysts review your statements and see how much money we can put back in your pockets.