Payment Processing Fees Explained: Interchange, Markup, Flat

Group of credit cards representing different payment processing fee structures

Every payment processor quote boils down to one of three pricing models, interchange-plus, flat-rate, or tiered, and knowing which one you’re looking at is the fastest way to tell whether a quote is actually competitive. This is payment processing fees explained by pricing model, not by brand name, so you can compare any two quotes … Read more