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How are Interchange Fees Calculated?

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Card networks typically use a combination of both when setting interchange fees. For example, a card issuer might charge 1.5% This structure ensures that credit card companies receive compensation for both high- and low-value transactions. of the transaction value plus $0.10 per transaction. Contact us

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The Top Payment Methods For Small Businesses

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Contact us 10 Top Payment Methods for Small Businesses Credit and debit card payments Card payments (credit cards and debit cards) account for 50% of the total number of small business transactions and remain the primary way customers make purchases on-site and online. Get in touch to learn more.

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Visa Interchange Rates 2024: What You Need to Know

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Interchange rates are the fees charged by credit card networks (like Visa, Mastercard, American Express, and Discover) to facilitate card transactions between merchants and banks. These rates are set and collected by the network for processing transactions and maintaining the payment infrastructure.