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Visa Interchange Rates 2024: What You Need to Know

Stax

Retail transactions might have different rates compared to healthcare or travel-related transactions. Visa may modify rates to compensate for expected risks associated with different transaction types. This is particularly true if the credit card processor uses an interchange plus pricing model.

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How Much Do Credit Card Companies Charge Merchants?

Stax

The purpose of an interchange fee is to compensate the card issuer for the risk and operational costs associated with providing the credit or debit card service to the customer. Flat-rate pricing and tiered pricing can cause confusion due to a lack of clarity about interchange rates. This is where CardX by Stax comes in.