Unlock Seamless Payments Interchange-Only Credit Card Processing Simplified

Interchange Rates are the fees paid to the credit card companies for every transaction regardless of who your processor is. Interchange fees make up a portion of the transaction fees that merchants must pay each time they take a payment via credit or debit card. Because Interchange++ is a pass-through model, merchants only pay the exact interchange fee that the card issuer charges for each transaction. The bulk of the processing fee assessed to any transaction will be the interchange rate. Interchange rates are determined by the major card ... Interchange Rate – A fee that the acquiring bank pays to the issuing bank during a transaction that uses the Mastercard or Visa network. Interchange – This is ... The average interchange passthrough for a platform usually falls between 1.3% and 2.8%, but there are certainly outliers. Interchange and association fees are universal. The card-issuing banks and card brands set the rates, with potential revisions twice yearly (in ... http://www.merchantservice.com/ With so many options for merchant services, you can be picky when looking for a credit card processing ... Interchange fees make up the bulk of processing fees. · Network fees are set by card networks and are paid to the card network. · The processor's markup is ... Having interchange pricing allows you to simply, accurately and transparently calculate the cost of your processing. There are dozens of card types with ...