Show navigation

Video

  • 34 minutes

Pricing and How Interchange Works

 
The pricing of merchant accounts and how interchange works is very complex. This video will provide you with a review of the four pricing schemes that processors have available to them, how fees are split up and who actually makes the money on your merchant account, factors that drive interchange cost and how to determine your real cost.
Runtime: 34 minutes
View Video

More Program Information

Agenda

View Video

More Program Information

Faculty

Niles D. Crum

Niles D. Crum

NDC Payment Solutions

  • President and owner of NDC Payment Solutions
  • Entered the payment industry in April 2007
  • Earned “Rookie of the Year” for PayPros, an industry leading company in Payment Processing
  • Known as an interchange expert in the payments industry
  • Has boarded over 400 merchants personally and mentors sales agents across the U.S.
  • Processor for IFDA (The International Foodservice Distributor Association); The Proponent Group, whose members include the who’s who in golf instruction including Mike Bender PGA Teacher of the Year); several buying groups and merchants across the U.S.
  • Quoted several times in the Greensheet, the industry’s top trade publication
  • Can be contacted at [email protected] or 815-304-4098
View Video

More Program Information

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.