Would you like for your business to be able to accept credit cards, ach, and many other forms of payment online in real time? With a 99% merchant account approval rate, Parallel Solutions welcomes merchant applications from all industries, business types, sizes, and locations. Let us provide you with a merchant account today!  Visit our [...]

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The non-qualified rate is usually the highest percentage rate a merchant will be charged whenever they accept a credit card. In most cases all transactions that are not qualified or mid-qualified will fall to this rate. This may happen for several reasons such as: A consumer credit card is keyed into a credit card terminal [...]

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Mid-qualified rate Also known as a partially qualified rate, the mid-qualified rate is the percentage rate a merchant will be charged whenever they accept a credit card that does not qualify for the lowest rate (the qualified rate). This may happen for several reasons such as: A consumer credit card is keyed into a credit [...]

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