Tag: Interchange Rates

What is a Payment Gateway?
Featured Article What is a Payment Gateway?

Payment gateways are a crucial tool in both ecommerce and brick-and-mortar sales, but many merchants don’t necessarily understand what their gateways do or why they really need to have one at all. With that in mind, the following is a quick refresher on what gateways are, how they work, and why they’re so important.    […]

Best Pricing Is Tiered Pricing as Good as Interchange Plus Pricing?
Read MoreIs Tiered Pricing as Good as Interchange Plus Pricing?

Partnering with the right payment processor can be the difference between a healthy profit and financial struggle for merchants in a wide variety of industries. While the features offered by merchant services companies are important, low transaction fees are understandably the primary concern of most businesses, and an important step in securing the lowest fees […]

Interchange Plus the Best Pricing Plan Is Interchange Plus the Best Pricing Plan? How the Most Transparent Pricing Model on the Market Provides Huge Savings on Merchant Fees
Read MoreIs Interchange Plus the Best Pricing Plan? How the Most Transparent Pricing Model on the Market Provides Huge Savings on Merchant Fees

One of the most important questions any business should ask themselves when looking for a new merchant account or merchant services provider is “how will this service impact my profitability.” It can be easy to simply write off merchant fees as a cost of doing business – and certainly, they are – but small differences […]

closeup of businessman working on financial spreadsheet on laptop rearview Why Is Interchange-Plus Pricing the Most Advantageous Merchant Account Pricing Format?
Read MoreWhy Is Interchange-Plus Pricing the Most Advantageous Merchant Account Pricing Format?

A merchant’s profitability is determined largely by the costs of doing business, and one of the most common costs merchants in the digital age run into is the fees associated with processing card payments. Many merchants just assume that all payment processors and all fee structures are alike, but that couldn’t be more untrue. Merchant […]

Interchange Fees The Basics of Interchange Fees – What They Are, What They Cover, and How They’re Calculated
Read MoreThe Basics of Interchange Fees – What They Are, What They Cover, and How They’re Calculated

Merchants are all painfully aware of the fact they’re charged fees on the card transaction they put through, but many don’t understand what those fees are made up of. While those fees contain a number of different components, the largest portion is made up of the interchange fee. Interchange fees are charged on every single […]