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Interchange-plus pricing

Interchange-plus pricing separates the underlying card costs (interchange and network fees) from the processor’s markup. The interchange portion is set by the card ecosystem and varies by card type, while the “plus” portion is the processor/ISO fee.

Why businesses use interchange-plus

• Transparency: easier to see what is underlying cost vs. markup
• Comparability: proposals can be compared using a consistent framework
• Statement clarity: effective rate becomes easier to validate over time

What to look for in an interchange-plus offer

• Markup structure (basis points + per-transaction fees)
• Fixed monthly fees (PCI, statement, gateway, minimums)
• Funding timeline and chargeback support process
• Card-present vs card-not-present assumptions

Related: Effective rate, Pricing models, High-volume processing

Compliance note: ClearRate Payments is not a bank. Payment processing services are provided through sponsoring banks and processing partners.