Assessments are fees paid quarterly by members to VISA and MasterCard and are retained as the primary source of revenue to support their marketing and operating activities. Assessment fees are assessed to both acquirers and debit card and credit card issuers based on processed volume.
The VISA assessment fee 9.25 basis points and the MasterCard assessment fee level is 9.5 basis points.
Payment Processing Services by NOIRE
NOIRE provides industry leading online payment processing services & risk management technologies. Designed using NOIRE, “Simply Switch On”, approach to payment processing, our payment solutions are built using the latest payment processing technology enabling businesses to “Plug In” and “Switch On” payment modules with ease if and when required.
As a leading Payment Service Provider, you can trust NOIRE to find the right solution for your business. We provide everything in one simple agreement – your Internet Merchant Account, Payment Gateway and Payment Processing with all the leading cards issuers. Combined with NOIRE’s industry leading fraud & risk management solutions, merchants can be confident managing their payments safely and securely from beginning to end with NOIRE.
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If you want to learn more about Noire our team is here to help.