Interchange+ or Cost+ passes through interchange fees which are what the payment brands (Visa/MasterCard/Discover/
Flat Rate Pricing
Flat-rate credit card processing combines processor markups and interchange fees into one fixed price that applies to all transactions of the same kind. It eliminates the complexity and irrationality that often accompany other pricing methods. We equip you with a flat monthly fee to access the direct cost of interchange. With Archer Payments, there are no contracts or additional charges with this pricing model.
When a customer decides to pay with cash or a debit card rather than a credit card for an item or service, the cost to the merchant lowers, and the item can be purchased for a discounted price. Cash Discount is a price discount for customers when they elect to pay with cash. Surcharging is a surcharge of 3.5% on Credit Card Payments, with no surcharges added to debit cards. With Surcharging, your clients will choose to pay the surcharge for using their credit card, and avoid it by using a debit card. Debit cards cost 1.25% + $0.25 for merchants to process, and the customer’s surcharge of 3.5% covers any and all credit card costs for merchants to accept card payments. Your clients constantly seek good deals when making purchases. Through our Surcharging & Cash Discount solutions, you can offer them what they look for!