4 ms·
You can DEFIANTLY get a volume discount from any credit card processor based on volume. Typical large merchants are paying Interchange Plus at a much lower rate
by ericcholis 5y ago
You can DEFIANTLY get a volume discount from any credit card processor based on volume. Typical large merchants are paying Interchange Plus at a much lower rate than what's listed on Stripe or Square. Interchange is the rate paid directly to the card issuer and Visa/MC. Plus is paid to the merchant account (Stripe).
The actual itemized fees inside of that Interchange fee are mind boggling.