Reduce fees and boost profits
Find out today what your business can save in processing fees!
Transact Anywhere
Whether you do business in person, mobile or online we have solutions.
Low Rates
Save money and increase profits with low processing fees and transparent pricing.
EMV & PCI Compliant
Encryption and tokenization technologies ensuring protection from fraud and staying within compliance.
Seamless Integration
Easily integrate with existing point-of-sale systems, accounting software and inventory management tools.
What are Dues & Assessments, and association fees?
These fees come from Card Brands like Visa, MasterCard, Discover, and American Express. Each brand charges a small percentage of the transaction amount. For instance, a 0.13% fee means a $100 transaction adds a 13 cent fee. This fee is collected by the acquiring bank and paid to the Card Brand.
There are also Association Fees from the Card Brands, collected by the acquiring bank per transaction. Together, Interchange Fees, Dues & Assessments, and Association Fees make up the Interchange Costs or Wholesale Costs. These costs are non-negotiable for merchants and don't change, no matter the merchant service provider.
Any service provider claiming to lower these costs while keeping you on Interchange Plus Pricing is not telling the truth. It's important to understand these fees to make informed decisions about your business.
There are also Association Fees from the Card Brands, collected by the acquiring bank per transaction. Together, Interchange Fees, Dues & Assessments, and Association Fees make up the Interchange Costs or Wholesale Costs. These costs are non-negotiable for merchants and don't change, no matter the merchant service provider.
Any service provider claiming to lower these costs while keeping you on Interchange Plus Pricing is not telling the truth. It's important to understand these fees to make informed decisions about your business.
What are interchange fees?
Interchange fees change twice a year, set by card brands like Visa and MasterCard. There are over 300 interchange fee programs. These fees depend on how the card is used, the merchant's industry, and the card type. Interchange rates also vary by business size and how they operate. For example, online stores often pay more in interchange fees than physical shops. These fees are the biggest fees paid by merchants to banks. Interchange fees are paid by a merchant’s bank to a cardholder’s bank for each purchase. These fees help cover costs like fraud and bad debts. They are paid to the card-issuing bank to cover risks in approving payments.
Solutions for any industry
Retail
Easily accept your customer’s cards by a simple swipe, dip or tap with our EMV ready terminals.
Hospitality
Check out customers with just a few clicks. Track inventory, employee check in times and much more!
Mobile Vendors
Process payments anywhere you have signal. Using any smart phone or tablet.
E-Commerce
Accept secure online payments from your website or payment portal with our e-commerce payment solutions.
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