Interchange fees are mandatory fees charged by credit card companies. This fee is non-negotiable. It is the same fee per card company for every payment processing platform.

Interchange fees will be based on Card Not Present transactions. Use the following links to view the current interchange rates based on card brand:

• Visa

• MasterCard

• Discover

• American Express

These fees consist of a percentage (%) of the purchase amount PLUS a flat transaction fee.

Interchange fees vary depending on several factors, including:

• Card Company: Fees differ based on the card company (e.g., Visa, MasterCard, American Express, Discover).

• Transaction Type: The method of payment impacts the fee. Transactions where the card is physically present and scanned tend to have lower fees compared to online or "card-not-present" transactions.

• Card Type: Credit cards generally carry higher interchange fees than debit cards due to the added risk and processing complexities associated with credit transactions.

• Risk Level: Higher-risk transactions, such as card-not-present purchases (e.g., online or phone orders), typically incur higher fees compared to card-present transactions due to the increased risk of fraud.

These factors work together to determine the cost of processing each transaction.

These are service provider fees, sometimes referred to as merchant fees, for processing the actual transaction. These fees are negotiable and will vary among providers.

• Card Reader

• Gateway Access

• Reporting

• Maximum Processing Volume ($)

• Transaction Fee