How Does Merchant Account Pricing Work?

How Does Pricing Work?

For years, merchants have been kept in the dark about pricing. We take the time to explain how pricing works. We take the time to fully explain how pricing works, using only Interchange Pass-Through, also known as Cost Plus pricing, so that you can know what you're paying for and where the negotiable margins exist. Working with a provider that's not afraid to show you all the costs will provide you with the assurance you need to fend off the constant barrage of unsolicited sales pitches that will come your way.
Rates from 1.6% - 2.9% (includes all fees)
Rates vary from 1.6% - 2.9% due to the size of average transaction, total volume, and types of cards taken. PATH always gives the lowest margin based on your type of business.

There are four common ways to price merchant services.
  1. Tiered: three to six rates (qualified, mid-qualified, or non-qualified).
  2. One Rate / Enhanced Billback: one or two rates, plus surcharges for higher priced cards.
  3. Flat Rate: using a single flat rate for all cards. Most often seen as one rate for retail swiped merchants, and a higher rate for card-not-present merchants.
  4. Interchange Pass-Through / Cost Plus: actual costs for each card accepted are “passed through” and clearly disclosed on the statement.
Please note that you can be overcharged with any of these pricing models, if you don’t do your homework.

PATH is different that your typical Merchant Services Provider, we're a Payments Solutions Provider. We're not limited to one processor's solution, forcing you into their mold. As an Independent Payments Broker, we offer solutions through multiple, world-class processors, allowing us to customize solutions to fit your company's unique needs. We're a member of your team, advocating for you!

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