2. Interchange-Plus Best for: Growing businesses processing $5k - $15k/mo This pricing structure is very transparent. The interchange fees and processor markups are separated. You pay different rates with different types of cards. An example is Helcim, which charges Interchange rate + 0.40% +...
Interchange plus pricing-This is one of the most used pricing structures. Here the organization gets a completely transparent view of the interchange fee, assessment and processor markup.A lot of organizations often face the challenge of not getting an overall overview of their credit card processing...
Are you curious about how much you could be paying with Interchange Plus pricing? Try our new rate calculator to calculate your processing fees or compare with your current provider. How do US merchants benefit from rate changes? This fall, many merchants may find the impact of interchange rate...
In this blog, we will review two; interchange-pass through pricing (also known as cost-plus pricing) and bundled pricing (also known as flat fee pricing). Payway uses interchange pass-through pricing for businesses that want to open their own merchant account. This means we pass through the...