Interchange Plus

« Back to Glossary IndexInterchange plus is a pricing model using by merchant account providers that takes the interchange fees and adds a small percentage on top of it to act as a profit margin for the merchant account provider. Interchange plus pricing typically involves adding % that will be added on as a markup […]

Interchange plus is a pricing model using by merchant account providers that takes the interchange fees and adds a small percentage on top of it to act as a profit margin for the merchant account provider.

Interchange plus pricing typically involves adding % that will be added on as a markup and a fixed transaction fee, like 30cents.

A typical formula for interchange plus might look like this:

Interchange Plus = Interchange + 0.40% + $0.30

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