What is the difference between flat-rate and interchange-plus pricing?

Flat-rate pricing charges a single percentage for all transactions, while interchange-plus separates the base interchange fee from the processor's markup, providing greater transparency.

Which pricing model typically costs less?

Interchange-plus usually benefits established businesses with steady volume. Flat-rate pricing may work for very small or new businesses, but often becomes more expensive as volume increases.

How can I compare my current pricing to interchange-plus?

A savings audit compares your current statement to interchange-plus pricing benchmarks, showing you the difference between what you pay now and what you could pay.

Interchange Plus vs Flat Rate Pricing Explained

Most businesses are placed on either flat-rate pricing or interchange-plus pricing. Understanding the difference can have a major impact on your costs.

What is flat-rate pricing?

Flat-rate pricing charges a single percentage for all transactions. It is simple, but often more expensive as volume increases.

What is interchange-plus pricing?

Interchange-plus pricing separates the base interchange fee from the processor’s markup, providing transparency. Learn how interchange fees work to understand the base costs.

Which pricing model costs less?

Flat-rate pricing may work for very small or new businesses. Interchange-plus usually benefits established businesses with steady volume. Try calculating your effective rate to compare real costs.

Compare your options

A savings audit shows how each pricing model affects your real costs. Not sure which model you're on? Learn to identify your pricing model from your statement.