Pricing
FairPay provides flexible pricing models including interchange plus and flat fee options, allowing businesses to choose the best fit for their needs. Benefit from transparency, simplicity, and cost savings with FairPay's diverse pricing solutions.
Interchange Plus Pricing
FairPay simplifies pricing with the interchange plus model, breaking down the merchant service charge into two components. The interchange cost covers fees from the issuing bank to the card network, while the plus or markup fee represents the processing charge. This transparent approach ensures merchants understand the breakdown of costs, enabling better financial management. With FairPay’s interchange plus pricing, businesses can optimize transaction costs while maintaining a high level of service and reliability.
Flat fee pricing
Experience simplicity and predictability in credit card processing with FairPay’s flat fee pricing model. Merchants are charged a fixed percentage fee and a fixed transaction fee for each transaction, allowing for easier budgeting and financial planning. This pricing structure is ideal for businesses with consistent transaction volumes and helps eliminate complex fee structures, making it easier to calculate costs and evaluate profitability. FairPay’s flat fee pricing ensures merchants can focus on their core business operations without worrying about fluctuating processing fees.
Dual Pricing or Cash Discounting
FairPay offers the flexibility of dual pricing or cash discounting, allowing businesses to offer discounts to customers who pay with cash. This innovative pricing model helps reduce merchant processing fees, as the processing cost is shifted to customers who choose to pay by card. By incentivizing cash payments, businesses can minimize their expenses while still offering a convenient card payment option. FairPay’s dual pricing solution empowers businesses to manage costs effectively and enhance profitability in a competitive market.
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