Unleashing Growth Interchange-Only Credit Card Processing for Your Business

An interchange fee is a fee paid between banks for the acceptance of card-based transactions. Usually for sales/services transactions it is a fee that a ... Interchange fees are charged as part of your processing costs every time you accept a credit or debit card payment. The fees themselves are paid ... The rate structure we offer is called Interchange Pass-Through Plus. This is also known as Interchange-plus pricing or wholesale plus. Some stores don't take credit cards, especially small businesses. Why? Because they are avoiding paying processing fees. Depending on the card ... Share your videos with friends, family, and the world. The Interchange pass through rates you see above are some of the most common cards used in a retail environment. Cards assessed at a higher rate will be passed ... 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 Plus (IC+) is a pricing model for credit card processing, where merchants are billed for processing fees (interchange fees), ... The interchange-plus pricing model may also be called “pass-through pricing” or “cost-plus pricing,” because the processor passes the ... Banks charge interchange fees to cover transaction processing costs · Set by the credit card brands · Non-negotiable for merchants or processors ...