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Are merchants charged different fees for manually keying transactions versus card swipe?

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Are merchants charged different fees for manually keying transactions versus card swipe?

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Yes, transaction that are manually keyed into the ETC Touch-tone telephone or electronic card reader are assessed a higher interchange rate. These transactions create a higher risk, as the credit card is “typically” not present. Swiping credit cards through an electronic card reader will provide the best processing rate.

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