So if I'm a merchant and I'm paying this merchant discount rate, my merchant discount rate may have in fact gone down. My interchange fee will vary because it has gone from two to 21 possible rates. But with these three fees, if somebody does walk in with an Infinite card, in fact they'll have an increase in the first type and the introduction of two fees that were not there previously, on top of the merchant discount rate? Am I correct in saying that?
On May 26th, 2009. See this statement in context.