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No, you're not reading what I wrote. I said the "same kind of card", not the "same card". I clearly said by "kind" I was referring to regular/Signature/whatever

No, you're not reading what I wrote. I said the "same kind of card", not the "same card". I clearly said by "kind" I was referring to regular/Signature/whatever. We have two cards that might come from different issuers (maybe Citi vs. Chase), and/or have different points or cash back or other such perks for the cardholder (maybe 2% cash back vs. 5x points), but we assume both are Visa Signature credit cards, processed by the same merchant, in the same manner, for the same product, at the same (approximate) time, in the same location, by the same person, for the same person, for the same price, etc... and I'm asking if they the merchant can be charged different fees for these cards. These are, clearly, not the "same card". Is this clear?

MrEldritch 8y ago
>No, you're not reading what I wrote At what point should you start to suspect that the issue is not on the client side, but the server?
- mehrdadn 8y ago
  > At what point should you start to suspect that the issue is not on the client side, but the server? After I see myself being at least quoted accurately? I repeatedly wrote "same kind of card", and I was quoted as asking about the "same card". That is my fault?
JumpCrisscross 8y ago
> different points or cash back or other such perks for the cardholder (maybe 2% cash back vs. 5x points), but we assume both are Visa Signature credit cards Visa Signature card with 2% cash back ("A") is a different card from Visa Signature with 5x ("B"). They're just similarly branded. The text or design on the card is independent from the card itself, which is defined with an alphanumeric code within the interchange system. In short, a merchant swiping A may be charged differently from the same merchant swiping B.
- mehrdadn 8y ago
  Thank you, this finally addresses what I'm asking about. It's definitely surprising. Do you happen to know of any merchants are charged fees differently in this respect, or do you just mean it's possible from a technical standpoint?
  - function_seven 8y ago
    Oooh boy. I think I might return some confusion to you. I don't think the fees would vary between two Visa Signature cards, if the issuing banks decided to deliver different perks. To the merchant, and the processor, they're both Visa Signature cards, and will be priced according to the fee schedule agreed upon.
    - mehrdadn 8y ago
      Haha, yeah that's what I always expected, and that's why some of us found the claim surprising (and hence why I'm trying to drill down into it). I can see it being technically possible, but from a practical standpoint, it would be very surprising for me if it actually happens.
    - JumpCrisscross 8y ago
      > To the merchant, and the processor, they're both Visa Signature cards "Visa Signature" is a marketing term. In fact, two cards with the same perks and branding could have different fees. There are something like 300 kinds of interchange fees that are always being negotiated between lots and lots of parties. The one example I know is tied to the WaMu-Wells Fargo merger. WaMu's cards were rebranded as Wells Fargo products. But old interchange agreements remained. So two identical-looking cards, with identical perks, would swipe differently for a merchant. The only clue to the customer would be the different bank identification numbers (the first few digits of a card).
      - function_seven 8y ago
        "Visa Signature" is used in the interchange fee schedule [1] to set the price. It's not just a marketing term (though obviously that, too). If you look at the four columns in section C, there are four rates. Signature Preferred, Signature, Traditional, and "All Other". If I sign up for merchant card processing, and select a plan that varies the rate I pay based on card, then I'm given a fee schedule like this [2]. The holographic logo on the card matters. If it says "Visa Signature", then I pay that rate. Regardless of how the customer's issuing bank decides to perk their cardholder. [1] https://usa.visa.com/dam/VCOM/global/support-legal/documents/visa-usa-interchange-reimbursement-fees-april-2018.pdf https://usa.visa.com/dam/VCOM/global/support-legal/documents... [2] https://i.imgur.com/J4nvi7v.jpg https://i.imgur.com/J4nvi7v.jpg

MrEldritch 8y ago

>No, you're not reading what I wrote At what point should you start to suspect that the issue is not on the client side, but the server?

mehrdadn 8y ago
> At what point should you start to suspect that the issue is not on the client side, but the server? After I see myself being at least quoted accurately? I repeatedly wrote "same kind of card", and I was quoted as asking about the "same card". That is my fault?

JumpCrisscross 8y ago

> different points or cash back or other such perks for the cardholder (maybe 2% cash back vs. 5x points), but we assume both are Visa Signature credit cards Visa Signature card with 2% cash back ("A") is a different card from Visa Signature with 5x ("B"). They're just similarly branded. The text or design on the card is independent from the card itself, which is defined with an alphanumeric code within the interchange system. In short, a merchant swiping A may be charged differently from the same merchant swiping B.

mehrdadn 8y ago
Thank you, this finally addresses what I'm asking about. It's definitely surprising. Do you happen to know of any merchants are charged fees differently in this respect, or do you just mean it's possible from a technical standpoint?
- function_seven 8y ago
  Oooh boy. I think I might return some confusion to you. I don't think the fees would vary between two Visa Signature cards, if the issuing banks decided to deliver different perks. To the merchant, and the processor, they're both Visa Signature cards, and will be priced according to the fee schedule agreed upon.
  - mehrdadn 8y ago
    Haha, yeah that's what I always expected, and that's why some of us found the claim surprising (and hence why I'm trying to drill down into it). I can see it being technically possible, but from a practical standpoint, it would be very surprising for me if it actually happens.
  - JumpCrisscross 8y ago
    > To the merchant, and the processor, they're both Visa Signature cards "Visa Signature" is a marketing term. In fact, two cards with the same perks and branding could have different fees. There are something like 300 kinds of interchange fees that are always being negotiated between lots and lots of parties. The one example I know is tied to the WaMu-Wells Fargo merger. WaMu's cards were rebranded as Wells Fargo products. But old interchange agreements remained. So two identical-looking cards, with identical perks, would swipe differently for a merchant. The only clue to the customer would be the different bank identification numbers (the first few digits of a card).
    - function_seven 8y ago
      "Visa Signature" is used in the interchange fee schedule [1] to set the price. It's not just a marketing term (though obviously that, too). If you look at the four columns in section C, there are four rates. Signature Preferred, Signature, Traditional, and "All Other". If I sign up for merchant card processing, and select a plan that varies the rate I pay based on card, then I'm given a fee schedule like this [2]. The holographic logo on the card matters. If it says "Visa Signature", then I pay that rate. Regardless of how the customer's issuing bank decides to perk their cardholder. [1] https://usa.visa.com/dam/VCOM/global/support-legal/documents/visa-usa-interchange-reimbursement-fees-april-2018.pdf https://usa.visa.com/dam/VCOM/global/support-legal/documents... [2] https://i.imgur.com/J4nvi7v.jpg https://i.imgur.com/J4nvi7v.jpg