Empowering Businesses Interchange-Only Credit Card Processing for Growth

The interchange-plus pricing model may also be called “pass-through pricing” or “cost-plus pricing,” because the processor passes the ... The fixed markup is typically expressed as a percentage of the transaction generally between 0.10% and 0.60%. Interchange plus pricing is much ... Interchange fees are just one component of your overall processing fee total. Most processors will treat interchange fees as a pass-through. The Interchange – a pass-through cost from the issuing bank to your acquirer to you. The Plus – your acquirer's fee for processing the transaction and card ... Interchange basically serves as the benchmark / wholesale rate that all credit card processors must base their merchant pricing on. It is the ... You are charged the interchange or pass through cost from the card networks (which is considered your wholesale cost), and the fees your merchant service ... You pay interchange transaction fees, which vary by payment network, credit card issuer, payment method, and card type. Then, merchant account ... Under this structure, merchant services providers pass through actual wholesale interchange rates to customers, charging a fixed margin ( ... An interchange fee is a fee assessed by card networks and paid by merchants who accept credit card or debit card payments. This per-transaction ... Interchange fees are the same for all payment processors within the same region. All credit card processors in Canada pay the same interchange fees back to Visa ...