Flat fee merchant account pricing is an inexpensive, very straight-forward pricing model. Our processing partners offer a flat fee solution here at CardFellow.
What is flat fee merchant account pricing?
Flat fee merchant account pricing is a transparent, inexpensive credit card processing price structure.
How does the flat fee model work?
On a flat fee pricing model a business pays interchange fees from Visa, MasterCard and Discover in addition to a flat monthly maintenance fee to the merchant service provider. There are no additional charges with this price structure beyond interchange charges and the provider's monthly maintenance fee.
The merchant service provider charges a flat monthly fee that is independent of processing volume. This is what makes the flat fee structure different than other forms of pricing such as interchange plus.
What are the advantages of the flat fee price structure?
The flat fee model is the only pricing structure where a provider's charges are separate from interchange rates and fees. This makes flat fee pricing the most transparent price structure available.
One of the greatest benefits to flat fee pricing is that the monthly maintenance fee remains the same regardless of your processing volume. Unlike any other form of pricing such as interchange plus, a provider's charges are independent of interchange fees.
Is the flat fee model the best merchant account pricing?
The flat fee model is an inexpensive, very clear processing solution. The least expensive processing solution for you will depend on your business's individual needs.
Sign up for a free CardFellow account and we'll work with you to discover the best processing solution for your business.
Where can I get it?
Sign up for free here at CardFellow and a dedicated representative will present you with multiple, competitive credit card processing solutions offered through our processing partners. One of which will be based on the flat rate model.
What would the flat fee be for my business?
The flat monthly fee is not set by CardFellow. It's set by the credit card processor that provides the actual service, and the maintenance fee varies depending on a business's details. Sign up for free here at CardFellow and a dedicated representative will contact our processing partner to show you what the flat monthly rate is for your business.
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