Revolutionize Payment Processing with Interchange-Focused Credit Card Fees

Interchange fees are non-negotiable charges imposed by credit card companies to settle a transaction. These fees are paid by the merchant to the ... When a company charges the card of a customer, they have to pay processing fees. These include the interchange rate plus the cost from their merchant services ... 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 ... 2.9% isn't too bad in the realm of credit card processing fees. You may be able to reduce that slightly by looking for another processor. Not by ... Non-Qualified Surcharge Fee (excluding interchange pass-through fees, see ... only. Discover Network– PayPal. Discover network– PayPal Credit transactions Only. ... pricing and interchange plus, which is also known as interchange passthrough. ... While Square only lists processing fees, it's important ... A pass-through fee is a charge by card networks like Visa, paid by merchants per transaction to cover credit risk and payment processing. Because Interchange++ is a pass-through model, merchants only pay the exact interchange fee that the card issuer charges for each transaction. Interchange and assessment fees are non-negotiable credit card fees that you must pay. They are also known as base costs or the discount rate. New Visa Interchange Categories and Rates · Commercial Choice 107 – 2.50% · Commercial Choice 108 – 2.75% · Commercial Choice 110 – 3.00% · Small Merchant ...