The Ultimate Cost-Cutting Strategy Interchange Passthru Rates for Credit Card Processing

Rate. Advanced Credit and Debit Card Payments (Interchange Plus Plus), Interchange Pass-through Costs + 0.49% + fixed fee (collectively “Interchange Plus Plus”) ... The interchange pass-through fees vary widely based on card type, how the credit card is processed, what information is included in the transaction, and from ... In particular, bank-issued credit cards offer a dramatic improvement in the efficiency and availability of consumer credit by shifting credit risk from ... No Transparency into Transaction Fees – Typical consumer credit card interchange rates average 1.83% while debit card interchange rates can ... 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 ... Interchange fees and assessments (which are charged directly by credit card companies) aren't flexible. But the merchant processor's profit markup is.Typically, ... Interchange fees are just one component of your overall processing fee total. Most processors will treat interchange fees as a pass-through. Having interchange pricing allows you to simply, accurately and transparently calculate the cost of your processing. There are dozens of card types with ... Industry Whitepaper by Marlon Harris, eMerchant Inc. Most credit card processors simplify the complexity of interchange by bundling merchants' Visa,. MasterCard ... The average interchange passthrough for a platform usually falls between 1.3% and 2.8%, but there are certainly outliers.