Interchange Plus Pricing
Interchange Plus is a term related to the billing method Merchant Services Providers use to charge for the cost of processing credit and debit cards. Also known as Cost Plus Pricing or Interchange Pass-Through, this pricing method provides Merchants with the most transparent billing and cost-effective processing; passing the actual cost of card brand Interchange, Dues and Assessments and reporting the breakdown of all fees and Provider surcharges on the monthly merchant statement.