What is Interchange+ Pricing? (And Why It's Better)
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What is Interchange+ Pricing? (And Why It's Better)
You’ve probably heard the word “interchange” thrown around a lot but do you really know what it means or how it’s messing with your costs? Interchange is the base fee set by the card networks, and it’s non-negotiable. But how your payment processor charges you for it is where things get murky. Interchange plus lets you see exactly ...
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