AUTOMOTIVE

Why Profitable Business Owners Love the Interchange Plus Pricing Model

Blog, Payment ProcessingBy TRX Marketing November 30, 2016

Learn why interchange plus pricing is one of the fairest and affordable pricing models available. If you run a business, you know that accepting credit and debit cards is extremely important. Many consumers no longer even carry cash. Therefore, accepting credit and debit cards directly influences your bottom line. On the other hand, credit and…

Interchange Plus Pricing VS Tiered Pricing

BlogBy TRX Marketing October 4, 2016

These 2 pricing methods are very different. According to an article on merchantnegotiators.com, It is most common for credit card companies to charge their merchants by the tiered pricing model. The article further explains that this model splits all transactions into different tiers, usually 3 or 6. Each tier has a fixed amount to charge each transaction…