Card Swipe Rate

The rate you pay when processing a credit card by "swiping" it thru your POS terminal. This is a percentage of the total dollar amount charged to the credit card.

The normal "Card Swipe Rate is for Visa/Mastercard credit cards (non-debit cards). The "Check Card" rate is for cards attached to a checking account that can used as credit or debit cards. There is a seperate rate for restaurants for check cards.