Interchange + Processing Fee Insight
Interchange + Pricing is a credit card processing fee model that is comprised of taking all major card brands like VISA/MC Interchange fees + basis points added on by processors like Radiant. Interchange + is sometimes referred to as Cost + or Wholesale pricing. Interchange fees are set by the major card brands and are passed through directly through to the Merchant + a processors added on basis points that can range from 10 to 100+ basis points. * Click on image below.