Simple & flexible plans starting at $29 per month* with no interchange mark-up
Options to pass fees to your customers (cash discount or convenience fees)
Quick & easy setup for all business models & industries
*Monthly plans do not include interchange or per authorization fees
(Just provide your current merchant processing statement)
The pandemic helped accelerate the acceptance and use of cash discount and convenience fee programs.
Interchange is fee charged by the credit card companies for every transaction run. Unfortunately, if you are on the paying end of these fees, they are unavoidable. The interchange rates are the same no matter which payment processor you use. Interchange is typically the most significant processing expense for merchants.
Interchange is different for every card type from each credit card company. Interchange can range from to .05% + 22¢ for regulated debit cards (BofA, Wells Fargo, Chase, etc.) up to 2.80% + 10¢ for business credit cards.
So, if you are currently on a flat or tiered rate with the likes of Stripe (2.90% + 30¢) or Square, in many cases, you are likely paying considerably more than interchange.
Example on $100 regulated (big bank such as Chase or Wells Fargo) debit transaction With XPAY you can either pass the interchange + authorization fees to your customers and pay $0 or pay 37¢.
Complex business model pricing is interchange cost-plus 2%.
Experience matters. Our combined decades of banking and payments experience remove the guesswork from scaling your business.
We've partnered with banks who understand your unique needs. Our multiple banking relationships can provide your business with the most reliable and cost-effective solutions.
Start referring business to XPAY for card payment proccessing and start earning $15 to $99 per active approved processing account.Get Started Now