Understanding Payments

Your Interchange Fee Questions Answered

By Miranda Russell on Jun 28, 2019

Here are some common questions related to the interchange fee that can help you better understand the payment processing fees your business is paying.

Understanding Payments

Understanding the Different Payment Processing Pricing Structures

By Chris Reid on Feb 12, 2019

One of the most important considerations when selecting a payment processor for your business is which pricing structure they offer, or simply, how they bill you for your processing.

Understanding Payments

Interchange Plus Pricing Explained

By Jeff Merkel on Feb 7, 2019

In interchange plus pricing, the merchant passes on the fluctuating interchange rates to the merchant, while their margin fee will be charged on top as a consistent, set rate for each transaction.

Understanding Payments

A Quick Overview of Interchange

By Zachary Nickerson on Oct 9, 2018

When you first research finding a payment processor for your business, you’re going to hear the term “interchange” frequently. This is a term that you likely have not heard before and may not be familiar with. So, what exactly is interchange? Interchange refers to the interchange fee that is charged by the card brand (Visa, MasterCard, Discover, or Amex) for processing a credit card transaction.

Choosing a Payment Processor

Interchange Plus Pricing vs Flat Rate Pricing

By Zachary Nickerson on Jul 17, 2018

The payments industry is full of different credit card processing price structures, making it difficult for business owners to immediately tell which price structure will be best for their business.

Choosing a Payment Processor

Why Interchange Differential Pricing Is Costing You Too Much

By Nicolas Beique on Dec 14, 2016

Almost every processor in Canada now uses an interchange differential as their pricing method. Explore how this is costing you money.

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