Live Payments is helping members save big with Merchant Choice Routing

MGA TMA members can save thousands of dollars a year on transaction fees with Merchant Choice Routing, a feature that is enabled on all Live Payments Terminals, free of charge.

The Merchant Choice Routing feature works by automatically re-routing multi-network debit cards to the network that has lower transaction fees, resulting in businesses saving big in the long run. Without Merchant Choice Routing enabled, multinetwork card type transactions may be routed to the less cost-effective option.

Merchant Choice Routing (MCR) can benefit businesses in various ways:

• Cost savings: MCR can help businesses save money on transaction fees by rerouting to payment networks, reducing overall expenses.

• Increased flexibility: MCR can help businesses adapt to changing market conditions with the ability to switch between payment networks as needed.

The savings generated by Merchant Choice Routing can make it a valuable feature for many businesses and is available through a range of

Live Payments solutions including Standalone and Integrated terminals. Allowing businesses to take payments their way, all while reducing transaction fees.

To learn more about Merchant Choice Routing or to enquire about your options with Live Payments, email paul. bynion@livepayments.com or vasco. stojanoski@livepayments.com.