It is almost April 1st 2009 which means most providers will be adjusting their (MDR’s) Merchant Discount Rates in Canada because Visa adjusts their interchange rates. Look through your statements over the last 2 months and see if you received anything like you saw in the video above. If you did, this is a good sign that you might want to get a cost analysis on your current MDR’s to make sure you are capturing competitive rates for your business. I offer free merchant account comparison quotes or you can do it yourself using our free merchant account calculator.
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