article thumbnail

Merchant Credit Card Fee Guide 2024: How Much Does It Cost to Process Credit Cards?

Stax

Payment Processing Pricing Structures Payment processing companies often structure their pricing plans under four models: Interchange plus pricing Interchange-plus pricing is one of the most transparent models since it allows merchants to see how much exactly they’re paying for the interchange and fixed service fees.

article thumbnail

Understanding Credit Card Processing Fees for Merchants: How Much Does Processing Credit Cards Cost?

Stax

While interchange and assessment fees are unavoidable, the power to impact your fees the most comes with which payment processor you choose to work with. Payment Processor Pricing Models Payment processors work under four different pricing models: 1. The benefit of flat-rate pricing is its predictability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Everything You Need To Know about Merchant Processing and How To Choose the Right Solution for Your Needs

Stax

Top Merchant Processing Companies Merchant processing companies provide businesses with the equipment and software required to accept electronic payments. Here’s a list of reliable merchant processing companies based on their services, features, and pricing: 1. Features: Faster, reliable, and secure payments through smart terminals.

article thumbnail

Best Merchant Services

Neil Patel

The Top 6 Merchant Services: Square Flagship Merchant Services Helcim Payment Depot Fattmerchant Stripe. Flat-rate processing is a simple solution for small businesses, but interchange pricing is generally more affordable. You want to look at what the payment processor offers in addition to credit card processing.