Credit Card Processing Rates

Offering the Most Competitive Credit Card Processing Rates and Fees

Credit Card Processing Center offers the most competitive rate program in the industry today Interchange Pass Through. This program provides the lowest overall cost of service, by passing through the direct cost for Interchange Fees and Assessments with a small markup in order to provide your business with outstanding service and support.

It is important to understand that comparing rates from one credit card processors to the next can be very difficult. Rates may vary depending on the type of card and the method in which the card is processed.

Interchange Pass Through (IPT)

As a business owner you have enough to do without having to figure out how Credit Card Interchange Fees work. The good news is it's not that complicated. Interchange consists of different rates and transaction fees that an Issuing Bank (Cardholder's Bank) charges an Acquiring Bank (Merchant's Bank) to process one of their credit cards. There are hundreds of different fees, what is important is to understand that interchange is essentially the wholesale cost that banks charge each other in order to process credit card transactions. In order to pay the lowest rates when processing credit cards, the goal is to pay as close to interchange as possible.

Rate Comparison based on 0.25% over Interchange

Tiered Example Rates:

  • Visa Regulated Check Card
    Example: 1.69%
  • Visa Rewards 1 Card
    Example: 2.69%
  • Visa Commercial Card Retail
    Example: 3.19%

I.P.T. Example Rates:

  • Interchange Cost 0.16% with Assessments
    Our Rate: 0.41%
  • Interchange Cost 1.76% with Assessments
    Our Rate: 2.01%
  • Interchange Cost 2.56% with Assessments
    Our Rate: 2.76%

Rates based on June 2012 Visa® Interchange Reimbursement Fees and Assessments

Beware of Tiered Pricing Programs

Most credit card processors quote a "rate as low as" rate, this rate is generally what they call their Qualified Rate. Most tiered merchant service accounts have a base rate plus two additional tiers that carry a surcharge when the type of card or acceptance method does not fall into the qualified tier. In this type of pricing method you are almost always paying well above the interchange cost for all surcharged transactions. Interchange Pass Through Programs only have one discount rate that you pay above the True Cost to accept a card.

3-Tier Merchant Rate Structure:

  • Qualified Discount Rate (Base Rate)
    Example: 1.69%
  • Mid Qualified Surcharge (Qualified Rate + Mid Qualified Surcharge)
    Example: 1.69% + 1% = 2.69%
  • Non Qualified Surcharge (Qualified Rate + Non Qualified Surcharge)
    Example: 1.69% + 1.5% = 3.19%

4-Tier Merchant Rate Structure:

  • Debit Discount Rate (Check Cards Only)
    Example: 1.29%
  • Qualified Discount Rate (Qualified Rate)
    Example: 1.69%
  • Mid Qualified Surcharge (Qualified Rate + Mid Qualified Surcharge)
    Example: 1.69% + 1% = 2.69%
  • Non Qualified Surcharge (Qualified Rate + Non Qualified Surcharge)
    Example: 1.69% + 1.5% = 3.19%

* The Savings Averages concerning our competitors are based on Statement Analysis Data collected nationwide by MerchantService.com, Inc and Our Affliates. The data is collected and displayed dynamically by our ISO / Agent statement analysis application.

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Savings vs

Appstar Financial     23%
Bank of America     27%
Bluepay     25%
Central Payment     42%
Costco     17%
CTS Holdings, LLC     4%
Cynergy Data     36%
Elavon     15%
Element Payment Services     36%
EMPS     33%
EVO Merchant Services     35%
Federated Payments     22%
First Data     15%
First National Bank     22%
First Niagara Bank     64%
Global Payments     52%
Gravity Payments     31%
Harbortouch     36%
Heartland     16%
HSBC Bank     14%
Intuit Payment Solutions     27%
Key Bank     34%
Key Merchants     41%
Merchant Processing Center     21%
Merchant Services     30%
Merchant Warehouse     37%
Mercury Payment Systems     36%
MSI - Merchant Services     36%
North American Bancard     26%
NPC     27%
NW Bancard Solutions     14%
PayPal     53%
Priority Payment Systems     25%
RBS WorldPay     22%
Regions Bank     43%
Retriever     30%
Sage Payment Solutions     20%
Sovereign Bank     31%
TransFirst     32%
Wells Fargo Bank     16%
Woodforest National Bank     34%
WorldPay     49%
Zenith Merchant Services     38%