Revolutionize Payment Processing with Interchange-Driven Credit Card Rates

Some stores don't take credit cards, especially small businesses. Why? Because they are avoiding paying processing fees. Depending on the card ... Neither merchants nor credit card processing companies has any control over interchange fees—they're entirely controlled by the card brands. The interchange fee for this transaction is 1.65% plus a $0.10 transaction fee, and Visa's assessment is 0.11% plus a $0.0225 transaction fee for a total of ... Having interchange pricing allows you to simply, accurately and transparently calculate the cost of your processing. There are dozens of card types with ... Interchange pass-through pricing can reduce your credit card processing fees by up to 20%. If you choose to work with a payment service provider (PSP) to get a ... What is an Interchange Fee? ... Interchange fees are charges set by credit card networks (Visa, MasterCard, etc.) that merchants pay to the card- ... INTERCHANGE FEES: The cost to accept the specific card types flowing through your business. Your merchant processors bank is actually paying ... Interchange-plus pricing (also referred to as cost-plus or pass-through pricing) is a more transparent and cost-effective model for merchants ... Interchange fees are the charges paid to the bank that issued the card. Suppose a customer purchases with a Visa debit card issued by Citibank. In that case, ... Both Visa and Mastercard interchange rates for e-commerce transactions have been reduced by 10 bps (or 7%). This should save merchants $100 per $100,000 in ...