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I am interested in Worldpay ISO 8583 Terminal Interface used for payment processing with the Worldpay Core systems. Please advise me on the questions below. 1. If processing a transaction on worldpay using a different merchant account ID from another acqu

Question asked by gigaloluwa on Dec 14, 2020

I am interested in Worldpay ISO 8583 Terminal Interface used for payment processing with the Worldpay Core systems. Please advise me on the questions below.
1. If processing a transaction on worldpay using a different merchant account ID from another acquirer, is the merchant discount rate (agreed with the other acquirer) charged to my account? Or would worldpay decide the processing cost?
2. Do I need to certify with the other acquirer if I want to use its provided merchant account?

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