Our Transaction Rates
Our pricing is 100% transparent with a pricing model of Interchange Plus*
0.15% - 0.25% + 5¢
4¢
*The interchange plus pricing model offers more transparency, lower fees, and better control over processing costs, making it a great choice for merchants who value clarity and are able to manage slightly more complexity in their pricing structure. No Hidden Fees: With interchange plus, merchants only pay for the true interchange fee plus a fixed processor markup. This can be more cost-effective than models like flat-rate pricing, where a higher percentage fee is applied to every transaction, regardless of card type or transaction volume.
Scalability
Adaptable as Business Grows: As businesses scale and transaction volumes increase, the fixed markup or small percentage added to the interchange fee can become increasingly beneficial. It offers merchants a scalable cost structure, unlike flat-rate pricing, which can become less efficient at higher volumes.
Less Impact from Rate Increases
Card Network Changes Don't Affect the Markup: If card networks raise their interchange fees, the merchant will only pay that higher fee, rather than seeing an increased percentage taken by the processor (which often happens in flat-rate models). This means that price increases are more predictable and manageable.
Fairness
No Extra Charges for Premium Cards: In a flat-rate pricing model, merchants are charged a set percentage that does not differentiate between standard cards and premium ones (e.g., rewards or corporate cards that have higher interchange fees). With interchange plus, the merchant only pays the actual cost for each card type, which means they won’t be overcharged for higher-cost cards.
Predictable Costs
Stable Markup: The processor’s markup remains fixed and predictable, meaning the merchant can budget more easily. The only variability in pricing comes from the interchange fees (which fluctuate based on the card and type of transaction), but the processor's fee is constant.
Cost Control for Large Transactions: For merchants with high ticket transactions or large volumes, the interchange plus model ensures they are not penalized by high percentage fees as with flat-rate pricing.