So if there is an interchange rate of 1.7% on a plastic card, that's going to apply to my mobile payment. So as a small-business owner, when the consumer taps that then I'm going to be paying 1.7% as a small-business owner, if that's my negotiated rate, correct? There will be not another 0.02% for having a mobile payment.
On February 13th, 2014. See this statement in context.