Interchange-plus is the most transparent pricing model, and qualifies credit cards at the lowest possible interchange rates.
Interchange-plus pricing provides your business with flexible processing, and the ability to achieve the lowest merchant fees based on the types of credit cards you accept.
There are over 350 different types of credit cards, each with its own unique interchange rate. With interchange-plus pricing, interchange rates assigned by the major credit card brands (Visa, AMEX, MasterCard and Discover) are passed unchanged directly to the merchant. Merchants can achieve the lowest fees for each transaction on corporate, commercial, business, government and purchasing cards.
Interchange-plus pricing is ideal for business that process high sales volumes and high average ticket amounts. It provides 100% clarity on all processing costs and is the cheapest processing option for your business.
Flat Rate Pricing
Flat rate pricing is ideal for small businesses with a low processing volume.
Our flat rate pricing option offers the same low monthly rate for any type of credit card, and makes it easy to see exactly how much you’ll pay in processing fees each month.
With flat rate pricing, you can process credit cards at the same low rate each month without having to pay any additional transaction fees.
Level 3 Payment Processing
EBizCharge implements Level 3 payment processing to reduce credit card processing fees for your business. In order to receive Level 3, merchants must accept either purchasing cards, corporate cards or government spending accounts (GSA) issued by Visa or MasterCard.
To achieve Level 3, there are nearly twenty fields of line-item detail that must be sent along with each transaction. These payments require details such as invoice number, PO number, item commodity code, freight amount, ut of measure, and many others.
While most other software interfaces require merchants to enter these details manually, EBizCharge automatically enters specific line-item detail and invoice information stored in your Sage 100 ERP and sends it to our proprietary payment gateway. EBizCharge uses this information to qualify your cards at the lowest possible interchange rates and reduce merchant fees for your business.