This program separates credit card transaction fees into two parts: the interchange fee (set by card networks) and a fixed markup added by the payment processor.
– Interchange fee: A base fee set by the card-issuing banks and networks (e.g., Visa, Mastercard), varies by card type and transaction.
– Plus: A small, agreed-upon percentage or fixed amount charged by the payment processor.
– Transparent pricing, you can see the exact interchange rate plus the processor’s fee.
– Suitable for merchants with varied transaction amounts or card types as fees fluctuate based on the card used.

This program adds a surcharge to transactions where customers use credit cards.
– The surcharge is a fixed percentage of the transaction amount.
– Compliant with laws in certain states that allow merchants to pass processing fees to customers.
– The customer bears the cost of processing the payment.
– Typically used to offset the merchant’s credit card processing fees.