This is typically the highest rate charged. The limits of the interchange fees for transactions made with individual cards are set at 0.2 of the amount of the transaction for debit cards (up to a. Other transactions batched after 48 hours are also charged this rate. Non-QualifiedAll corporate and government cards are charged this rate regardless of batch processing time. It also applies to charges batched in 24-48 hours, that would be Qualified had they been batched sooner. Mid-Qual This rate applies to rewards cards and key-entered transactions.Most swiped credit cards will fall into this category and it typically offers the lowest rate. The commission charged by the acquirer (Bank of Baroda) to the Merchant for transactions.
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