Experience the Advantage Credit Card Processing with Interchange Passthrough Rates

Also known as “pass-through” and “cost-plus” pricing, interchange plus pricing is a payment structure that passes through the payment processor's wholesale ... See the latest interchange fees, rates, and updates from credit card networks and processors. In particular, bank-issued credit cards offer a dramatic improvement in the efficiency and availability of consumer credit by shifting credit risk from ... The average interchange passthrough for a platform usually falls between 1.3% and 2.8%, but there are certainly outliers. A client has just had a hair cut, totaling $100.00, and the interchange fee is 1.65% + $0.05, or a total of $1.70. Your payment processor will ... Interchange and card scheme fees represent the two main categories of passthrough fees charged by card networks for processing credit, debit, ... The bulk of the processing fee assessed to any transaction will be the interchange rate. Interchange rates are determined by the major card ... Interchange rates are set and regulated by the Payment Card Networks and can vary by card type and method of acceptance. Interchange rates are also subject to ... Interchange Rates are the fees paid to the credit card companies for every transaction regardless of who your processor is. Interchange fees remain the same no matter which credit card processor you choose and no processor can offer you lower interchange rates than another. These ...