Dramatic Savings for Merchants on Credit Card Processing Rates
If you are looking to save big on credit card processing discount rates, you must look into “Interchange-Plus” pricing. You can use a payment gateway like Authorize.net with any Ecommerce Platform provider.
Interchange plus PASS THROUGH pricing is the least complex, fairest pricing model in the processing industry.
With interchange plus pricing, Merchant Account providers simply add an agreed upon markup above the actual cost to process a transaction. In other words, they PASS THROUGH the actual cost to process your transactions and add their markup to cover the cost of servicing, risk monitoring and revenue. That’s it. It may sound intimidating, but it’s really pretty simple.