Search results
Send us a copy of your recent credit card processing statement and we will prepare a customized rate quote showing how much money your business will save in processing fees by switching to our service.
Send us a copy of your most recent credit card processing statement, and we'll complete a detailed rate quote showing how much money your business will save in processing fees with a Cost-Plus merchant account.
18 lip 2023 · Interchange-plus pricing (sometimes called cost-plus pricing) is a credit card processing rate model that separates costs into two elements: (1) interchange fees, and (2) processor markup.
If you can see all interchange fees and card brand fees (wholesale costs) itemized on your statement, you can calculate your effective markup. Let’s take a look at what this is, and why it’s an advantageous number to crunch if you can swing it.
Interchange plus pricing, also known as cost-plus, is the most merchant-friendly pricing method used in payment processing. Cost-plus discloses the exact margin payment processors make for each credit card transaction. We aim for the lowest payment processing fees ever.
Cost plus credit card processing (interchange plus) combines a fixed interchange rate with a percentage markup, offering transparency and predictability. This model is straightforward, allowing for easier budgeting and the potential for negotiation on markup rates.
Cost-plus is a popular form of pricing because it is transparent and can be a tool for reducing merchant costs, depending on their exact situation. In a nutshell, payment processor costs are set by the credit card associations and payment networks.
