Interchange plus passes the wholesale cost of every transaction straight through at what Visa and Mastercard charge, and adds one markup you can read on this page before you talk to anyone.
Every card transaction has a wholesale cost set by the card brands and a markup set by the processor. Most pricing models blend the two together so you cannot tell them apart. Interchange plus keeps them separate on purpose.
Set by Visa, Mastercard and Discover. It varies by card type, how the card was taken and your industry. It costs every processor the same, including us.
The card brands' own fees on top of interchange. Also fixed, also passed through at cost, also identical no matter who boards your account.
One percentage and one per-item fee, banded by your monthly card volume. It is the only line we control, and it is on this page.
Every interchange program that applied, at the rate it applied, line by line. No billback, no bundled buckets, no surprise reclassification a month later.
There is no way to beat interchange. Any processor telling you they can has moved the money to a line you are not looking at.
The more you run, the lower the markup. Same rate whether the card is taken in person, keyed in, or paid online, so your pricing does not change with the way your customers buy.
Bands are based on monthly credit card volume. Your effective rate is that markup plus whatever interchange your own card mix earns, which is why we would rather read your statement than promise you a single number.
A flat rate quotes the same number for every card that runs. The card brands do not work that way. A debit card costs a fraction of what a premium rewards card costs, and on a flat rate none of that difference reaches you. It is kept as padding.
Percentage rates only, per-item fees are not shown. Interchange figures are common Visa card-present programs, which Visa publishes and updates twice a year, so treat them as typical rather than fixed. Our markup is shown at the entry band. Flat-rate providers commonly land near 3% once the per-item fee is counted, and they charge it whatever card runs, so the empty space above each bar is what a flat rate keeps on that sale.
Your most recent monthly processing statement. One page is usually enough.
We pull out what the card brands charged and what your current processor added, including the fees that are not labelled clearly.
Your own volume at the band you land in, next to what you paid. Same transactions, same card mix, different markup.
Interchange plus, traditional processing, dual pricing, or staying where you are. All four are fine answers.
Approved accounts are boarded in 24 hours and equipment ships in 48. If you are keeping your current terminals or running online only, we will tell you before you fill anything in.
Because your card mix changes. A month heavy in rewards cards or keyed transactions earns higher interchange than a debit-heavy month at the counter. Our markup does not move. The wholesale cost underneath it does, and on interchange plus you can see exactly which line moved and by how much.
No, and we will say so if it is not. It is usually the most transparent, and for higher-volume accounts it is normally the lowest total cost. At low volume the difference can be small enough that another program suits you better. Your statement settles it, not a sales pitch.
Transactions qualify at whatever interchange level the data earns. Missing address data on a keyed sale or a late batch can land a transaction in a more expensive category. On interchange plus that costs what it costs, in the same month, at cost. There is no billback and nothing gets reclassified into a padded bucket later.
Yes. Your statement shows each interchange program descriptor and the rate that applied, with our markup on its own line. That is the point of the model. If reading it is a chore, we will walk it with you.
One recent monthly processing statement. Not your bank statements, not your tax records, and nothing about your customers.
Yes. Merchants move between interchange plus, traditional processing and dual pricing as their volume and their customers change. Ask us and we will reprice you against your own numbers rather than guess.
The rate card is above, so you already know what we would add. The only thing left is what the cards themselves cost you, and that is sitting on your last statement.