Payment Savvy

JANUARY 11, 2023

If you are one of the ten million-plus American businesses with a merchant processing credit card account, the chances are you are aware of an industry term known as interchange. It’s an industry term. Each new credit card transaction is assigned to what is known as a target interchange category. What Is a Bucket?

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Payment Savvy

AUGUST 3, 2023

What Is a Major Industry Identifier (MII) IMG: a black mockup payment card with a BIN number As a part of any BIN number, there is an MII number. The MII number is short for the Major Industry Identified. It serves the specific purpose of identifying the type of the issuing institution.

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The Kaplan Group

APRIL 11, 2021

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The Kaplan Group

APRIL 11, 2021

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