Interchange-plus vs. flat-rate, average fees by industry, and how to know if you're overpaying — explained in plain English.
Every credit card transaction has three layers of fees. Most businesses only see the total — here's what's actually happening.
Set by card networks (Visa, Mastercard, Amex). These are non-negotiable and go to the card-issuing bank. They vary by card type, industry, and transaction method.
Charged by card networks (Visa, Mastercard, etc.) for using their payment network. Small but unavoidable.
The fee your payment processor charges on top of interchange and assessments. THIS is the part you can negotiate — and where SwipeSaving saves you money.
How your processor structures your rate matters as much as the rate itself.
Compare your current rate to industry benchmarks. If you're paying more, you're likely overpaying.
Rates reflect effective blended rates for interchange-plus pricing. Flat-rate pricing will typically be 0.5–1% higher.
Send us your last statement — we'll do a free analysis and show you exactly where you're overpaying.