Bank Variable Rates

A Variable Rate Table (VRT) contains discount rates that correspond to sales volume and average ticket ranges. These tables are used to calculate merchant discount at month-end, if the merchant uses variable rate calculation instead of a fixed discount rate.

Navigation

1. Search for the bank that you want to view.
2. Click on the value in the Bank column for the merchant that you want to modify.
3. The Bank Summary page displays.
4. Click the Bank Variable Rates link.

Page: Bank Variable Rates

Create a variable rate table

1. Type the new table's identification number in the New Table Number field.
2. Click Add.

   The Bank Variable Rate Details page displays.

3. Enter values for required fields and optional fields, as needed.
4. To insert a volume range:
   1. Click the Add button located next to the Volume list.
   2. Enter a volume amount in the selected field.
5. To insert a variable rate by ticket:
   1. Click the Add button located next to the Variable Rate by Ticket table.
   2. Enter values for each field in the new row.
6. Click Validate.

Copy an existing variable rate table

1. Select the table that you want to copy from the Variable Rate Tables list.
2. Type the new table's identification number in the New Table Number field.
3. Click Copy.

   The Bank Variable Rate Details page displays.

4. Enter values for required fields and optional fields, as needed.
5. To insert a volume range:
   1. Click the Add button located next to the Volume list.
   2. Enter a volume amount in the selected field.
6. To insert a variable rate by ticket:
   1. Click the Add button located next to the Variable Rate by Ticket table.
   2. Enter values for each field in the new row.
7. Click Validate.

Modify a variable rate table

1. Select the table that you want to modify from the Variable Rate Tables list.
2. Click Edit.

   The Bank Variable Rate Details page displays.

3. Enter values for required fields and optional fields, as needed.
4. To remove a volume range:
   1. Select the volume range from the Volume list.
   2. Click the Delete button located next to the Volume list.
5. To remove a variable rate by ticket:
   1. Select the variable rate that you want to delete.
   2. Click the Delete button located next to the Variable Rate by Ticket table.
6. Click Validate.