Processing fees and pricing
What is interchange-plus pricing?
Direct answer
Interchange-plus pricing generally passes through applicable interchange and card-network costs, then adds a disclosed processor markup, often a percentage, per-transaction amount, or both. It can make cost components easier to inspect than bundled pricing, but it is not automatically cheaper. Monthly, authorization, PCI, gateway, equipment, minimum, and other fees still affect complete cost.
- Author
- AMP Payment Systems
- Review status
- Primary sources checked; no named AMP subject-matter reviewer is claimed.
- Published
- Modified
Key facts
- Interchange varies with transaction and card characteristics.
- The “plus” is provider markup.
- Other account and technology fees may remain.
How the statement is built
Transactions qualify for interchange categories based on network rules and submitted data. The provider then applies its agreed markup and any additional service charges.
How to compare proposals
Compare the markup, per-item charges, recurring fees, equipment, software, minimums, contract length, and support—not merely the advertised basis-point figure.
When the answer changes
- Card mix and sales channel can move the pass-through portion.
- Enhanced transaction data may affect some commercial-card categories.
Common mistakes
- Calling the markup the complete rate.
- Assuming every quoted cost is included in the plus amount.
What to verify
- Request a full fee schedule.
- Confirm how interchange and assessments appear on statements.
Primary sources
Apply the answer to your business
AMP can help organize your payment, POS, or statement questions. Any recommendation, availability, pricing, or approval depends on the final written configuration and provider terms.
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