Interchange + Pricing

Interchange + pricing is the most transparent pricing model available today, because you know exactly what your cost is for each type of payment card you accept.  Many processors use “tiered” or “bundled” pricing, where you are charged a base “qualified” rate and then charged a “non-qualified” fee for most transactions.  It looks like this, “Qualified, Mid-Qualified, Non-Qualified”. This translates in to rates that are much higher than needed.

By passing the cost on to you, and only charging a single mark-up, Cost+ pricing gives your business significant savings while creating a very transparent arrangement (you know our cost and margin!), and we guarantee those margins will never increase during the time you process with us! It’s a win-win!

Tiered Pricing…Nope.

We feel this is a type of pricing structure that exploits you as a business, and although many processors are using this method, we don’t believe in it, we won’t use it, and we hope you understand why.

Tiered pricing is currently the most common form of pricing for credit card processing companies. Tiered pricing is opaque, expensive and is the “shell” for many of the hidden fees that are common in the credit card processing industry.

It’s expensive, it hides the true cost of processing, and it increases the cost of taking credit cards.  At Swype Solutions, we want to bring value to your business, not take away from it. Hence the reason we only use Cost + pricing for our customers.