At this very moment you know just enough to be dangerous. Interchange plus pricing is not automatically the fix for your problem of high processing fees. I highly suggest (and I know my previous employer would agree) that you keep reading. The Flawed Definition of Interchange-Plus We have several articles here at CardFellow that delve into ...

In this article, I'll explain the benefits and limitations of interchange plus to help you avoid overpriced merchant accounts, and why "interchange plus" isn't enough on its own. Interchange Plus is a Pricing Model, Not a Guarantee Many of the articles here at CardFellow refer to interchange plus as a "pricing model." Some pricing models ar...

Interchange plus rates vary widely from one processor to the next. How competitive rates are will depend on your business's processing profile and how you are gathering quotes. It's also important to understand that interchange plus is a form of pricing; it's not a single rate. The percentage portion of the processing markup (the "rate") may not...

The benefits of interchange pass through (often called interchange plus) are transparency and lower costs when compared to bundled or tiered pricing models. It's safe to say that pass through pricing allows your business to get the best credit card processing fees, which is why it's the only form of pricing we allow processors to quote you here ...

Understanding how credit card processing fees are determined and how different merchant account pricing models work can save your business hundreds of dollars a month in transaction costs. One of the first questions you'll ask is "Which should I go with, tiered pricing or interchange plus?" Tiered pricing is never in your best interest, but don't j...