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Posts Tagged ‘interchange-plus’

What is Interchange-Plus Pricing?

Interchange are the rates that are set by Visa, MasterCard, and Discover for processing payments by credit cards. Interchange-Plus pricing works by adding a constant, flat margin on top of Interchange rates. Interchange-Plus is the definitely the fairest pricing available to merchants. Why? If you can’t see how much transactions cost your provider, you can’t know what they’re charging you.

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