321 Swipe
Pass-through

Mastercard interchange

On a statement: MASTERCARD INTERCHANGE

Same idea as Visa interchange: the fee set by Mastercard and paid to the bank that issued the customer's card. Rates vary by card type (debit, consumer credit, rewards, business) and by how the card was accepted. Your processor passes it through at cost.

What a fair version looks like

Roughly 1.5%–2.5% of Mastercard volume, with debit well below that and premium business cards well above.

What 321 Swipe would do

We check that your Mastercard transactions are settling in the right category — business cards and keyed transactions are the usual trouble spots.

See it on a statement

On our sample statement this line is $473.20 (58 items · $24,600.00).

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Is this on your statement?

Send it and we'll tell you — along with everything else on there that shouldn't be. A phone photo of the fee page is enough.

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