Comparing Pricing Plans 

Another client just contacted me after a sales representative from one of the processors told her that the rates he was offering were lower than what she was currently paying. The problem here is that they are two different pricing plans Interchange Differential and Interchange Plus. A common practice is to quote the base fee and the non-qualified fee but not mention the differential fee when quoting Interchange differential (some don’t even mention the non-qualified fee). The table below shows a comparison of some common fees between Interchange Differential and Enhanced Interchange Plus (“enhanced” means different markups for qualified and non-qualified transactions).  Note standard Interchange Plus with the same markup for both qualified and non-qualified rates is more difficult to compare however in this example Interchange Plus .15% would roughly compare depending how and who you do business with.  To receive an interactive copy of this spreadsheet that you can enter your own rates into contact us.

Click link for PDF:  Differential Intch Plus comparison

8 replies
  1. online higher education
    online higher education says:

    Wonderful beat ! I wish to apprentice while you amend your website, how can i subscribe for a blog site? The account aided me a acceptable deal. I had been a little bit acquainted of this your broadcast provided bright clear idea

    Reply
  2. online education
    online education says:

    you are in point of fact a excellent webmaster. The site loading pace is amazing. It seems that you are doing any distinctive trick. In addition, The contents are masterpiece. you’ve performed a wonderful activity on this subject!

    Reply
  3. masters in education
    masters in education says:

    Having read this I thought it was very informative. I appreciate you finding the time and energy to put this short article together. I once again find myself spending a lot of time both reading and leaving comments. But so what, it was still worth it!

    Reply

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *