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How are Interchange Fees Calculated?

Stax

Apart from keeping complex payment structures running, interchange fees compensate issuing banks for taking on cardholder credit risk, and help card companies fund rewards programs. Payment processors usually tack on additional fees on top of interchange to compensate for their services (based on their pricing model ). per transaction.

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

Stax

Stax Stax is a payments processing service that caters to all types of businesses, large or small. Unlike other card processing companies, Stax doesn’t add any extra fees to the interchange. Whether you need an on-the-go payment solution or a contactless one, Stax can meet your requirements.

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The Ultimate Guide to Online Payment Processing

Stax

For example, Stax Pay charges a fixed monthly membership fee which might not be the best option for very small businesses with low transaction volumes, but could be extraordinarily cost-effective for businesses that process more than $5000 per month. Online reviews help compensate for that knowledge gap.