The rebate is calculated by the volume of the merchant account processing (for processing merchants on our gateway), or by spending volume for clients not processing on our gateway and only using Virtual credit cards.
If you have a Merchant account and are processing the following volume tiers you will earn the set rebate:
Under $100K Processing volume you will earn a set rebate rate of 1.5% Over $100K Processing volume you will earn a set rebate rate of 2%
You will earn a set rebate depending on the total amount of virtual card spending you did for the month:
Spending under $100K you will earn a set rebate of 1.5% Spending over $100K you will earn a set rebate of 2%