Payment Processing

Interchange-Plus Pricing Explained

See exactly what you pay and why. Grocery stores save thousands each year with transparent interchange-plus pricing instead of inflated flat rates.

Transparent pricing
Grocery-optimized rates
Interactive calculator
How It Works

Two Simple Components

Unlike flat-rate pricing that hides costs behind a single inflated number, interchange-plus shows you exactly what you pay and to whom.

Interchange Fee

Set by card networks (Visa, Mastercard, etc.)

Varies by card type — debit cards cost far less than rewards cards

Processor Markup

Your payment processor's fee

A small, fixed markup: 0.10% + $0.10 per transaction

Your Total Cost

Transparent and card-specific

You see every penny — no hidden fees or bundled markups

Compare: Flat-Rate Pricing

Flat-rate processors charge the same 2.50% + $0.10 on every transaction — whether it's a low-cost debit card or a premium rewards card. You end up overpaying on the majority of your transactions.

Rate Breakdown

Grocery Store Interchange Rates

Supermarkets benefit from lower interchange rates due to their merchant category code (MCC). Here's what each card type actually costs with interchange-plus.

Card TypeInterchange+ Markup= Your Rate
Debit Card
Lowest Cost
0.05% + $0.220.1% + $0.100.15% + $0.32
Visa/MC Regular Credit
0.95% + $0.100.1% + $0.101.05% + $0.20
Visa/MC Rewards Credit
1.05% + $0.100.1% + $0.101.15% + $0.20
American Express
Highest Cost
1.89% + $0.000.1% + $0.101.99% + $0.10
Flat-rate comparison: Same rate for ALL cards2.50% + $0.10

Rates shown are for Supermarket MCC (5411). Actual rates may vary based on card issuer and transaction type.

Transaction Breakdown

Anatomy of a $35 Transaction

Select a card type to see exactly how much each component costs on a typical grocery transaction.

Interchange Fee$0.24

0.05% + $0.22 per txn

+
Processor Markup$0.14

0.1% + $0.10 per txn

=
Your Total (IC+)$0.37
Flat Rate would cost$0.97

2.5% + $0.10 per txn

You save $0.60 per transaction (62%)
Savings Calculator

Calculate Your Grocery Store Savings

Adjust the sliders to match your store's processing profile. Defaults are set for a typical grocery store.

Your Business

$80,000
$10K$500K
$35
$5$200

Card Mix

100%
65%
20%
12%
3%

~2,286 transactions/month

Interchange-Plus

$1033

per month

Flat Rate

$2229

per month

Your Savings

$1196

per month

Monthly Cost Comparison

IC+ Cost by Card Type

Projected Savings Over Time

That's $14,348.088 back in your pocket every year

FAQ

Common Questions

Ready to Stop Overpaying?

Switch to interchange-plus pricing and keep more of your hard-earned revenue. Get started with a free savings analysis.

Get Started