b'merchant services relationship. TheyThe single largest cost isare usually charged to you in the form are then charged to you either as aof a transaction cost and one or more pass-through expense or included incalled interchange fees, andfixed monthly fees.a bundled percentage of sales called, ironically, a discount rate. Betweenthis is typically 75-80 percentFinally, your provider will be charging thefourprimarycardnetworksfor their services and work in provi-(American Express, Discover, Mas- of the cost of acceptance andsioning card acceptance. This is gener-tercard, and Visa) there are close toally charged in the form of a discount 1,000 different possible interchangeabout 1.9 percent of yourrate.Thediscountratemayrange rates,dependentonanumberoffrom .10 percent to .80 percent if the factors including, but not limited to:sales volume. card network fees are being charged the card brand; the product type; theseparately, or alternatively, may range type of business accepting the card;from 2.00 percent to 3.50 percent or and the method of acceptance, such as whether the card was present.more, if those fees are bundled into a simpler rate.Most businesses will see 20-40 different interchange rates on their mer-chant statement. PRICING METHODOLOGIESMerchant services providers have several ways of charging for payment The card networks also charge assessments based on sales volume plusacceptance. The traditional, more outdated method is to charge what is a myriad of other fees, for everything from digital wallet use to foreigncalled a bundled discount rate on sales volume processed.cards accepted. Assessments generally cost about .14 percent of your sales volume, while the other various fees typically account for a muchMore common today is for the provider to pass-through card network smaller percentage. fees, including interchange fees, and then to charge a small discount rate, transaction fee, and monthly fees. Card network fees passed through In addition to card network fees, your provider incurs transaction pro- without any upcharge is typically the method most advantageous to cessing expenses for the creation of a month-end statement and your usethe business, as card network fees comprise the vast majority of card of both an online reporting portal and a PCI compliance tool. Theseprocessing expense and you are charged exactly what the provider would expenses are a much smaller component than the card network fees andhave been charged. Further, this practice also provides transparency into IMPROVE YOUR OPERATIONSIMPROVE YOUR OPERATIONSAutomatic interc tor trim tab systems.Automatic intercep eptor trim tab systems.Your new fuel saver.Your new fuel saver.Our ACTIVE interceptor system lowers roll and slamming by up to 50%. It also Our ACTIVE interceptor system lowers roll and slamming by reduces resistance. That means lower up to 50%. It also reduces resistance. That means lower fuelfuel consumption and less CO emissions. consumption and less CO emissions. Easy to install, easy toBENEFITSEasy to inste. Premy to operaology emiumBENEFITSoperatall, easium technte. Prat a ordable pricing.IMPROVED FUEL ECONOMY, UP TO 25% technology at affordable pricing. IMPROVED FUEL ECONOMY, UP TO 25%Made of composite materials for corrosion resistance and optimum perfor- FASTER ACCELERATIONFASTER ACCELERATIONMade of composite materials for corrosion resist trice and optimumIMPROVED VISIBILITY AND SPEED mance, Humphree Interceptor tabs are elec anc powered (12 or 24 volt) IMPROVED VISIBILITY AND SPEEDperformance, Humphree Interceptor tabs are electric powered (12 or 24 volt)LESS ENVIRONMENTAL IMPACTand made for a clean transom installation with no aft overhang to contend and made for a clean transom installation with no aft overhang to contend withLESS ENVIRONMENTAL IMPACTwith around docks or gear. For any commercial Vessel, 25 feet and up. UP TO 50% LESS ROLL MOTIONSaround docks or gear. For any commercial Vessel, 25 feet and up. UP TO 50% LESS ROLL MOTIONSHUMPHREE CONTACTS HUMPHREE CONTACTSSean BerriePhone: 757 374 9435Brett MarshallPhone: 757 374 9720 Sean Berrie Phone: 757 374 9435Brett Marshall Phone: 757 374 9720 www.humphree.comHumphree USA Inc205-114 First Colonial RoadVirginia Beach, VA 2345421 JUNE 2022'