09/11/2026
Not all card transactions cost the same, and knowing why can save you money.
If you've ever looked at your merchant statement and seen rates like Qualified, Mid-Qualified, and Non-Qualified, that's tiered pricing at work. It's a common model in payment processing where transactions get sorted into three categories based on card type and how the payment is accepted. The problem? Many business owners never learn which of their transactions land in the pricier tiers.
At United Banc Card of TN, we help businesses across Franklin and Brentwood understand exactly what they're paying for. Here's a quick breakdown:
✔ Qualified Rate: the lowest rate, usually for standard swiped or tapped consumer cards
✔ Mid-Qualified Rate: rewards cards and keyed-in transactions often land here
✔ Non-Qualified Rate: the highest rate, typically for corporate or specialty cards
As a local software company, we believe merchant services should come with straight answers, not confusing statements. Whether you run on one of our point of sale (POS) systems or just want a second look at your current rates, we'll walk you through it in plain language.
Want to know which tier most of your transactions fall into? Message us today for a free statement review and let's find out together.