Competitive Payment Processing Fees
Refreshingly transparent pricing
Checkout.com uses the Interchange++ model. No minimums and no contract required. Pricing is based on your transaction volume and history.
Competitive Payment Processing Fees
Refreshingly transparent pricing
Checkout.com uses the Interchange++ model. No minimums and no contract required. Pricing is based on your transaction volume and history.
INTERCHANGE++ PRICING
Other payment processing models are 2.9% + $0.30,
but not ours
Interchange++ means you know our costs
Interchange++ is a payment processing fee structure that standardizes the commissions collected by card issuers such as Visa and Mastercard. The amount varies based on card type, the customer's issuing bank, merchant location, and other parameters.
The Checkout.com difference
Interchange++ allows Checkout.com to pass the fees charged by card brands directly through to you. We charge a single, consistent mark-up that never changes, so you know exactly what you’re paying. You can have the confidence that there are no hidden fees in your Checkout.com invoice. You always know what you’ll be charged.
The Checkout.com promise
- No setup fees
- No account maintenance fees
- No surprise fees
- Dedicated account management and service
- Risk and fraud management tools included
- Integrated with all major shopping carts
Frequently asked questions
FAQ
Interchange++ is the payment processing fee structure that outlines what you’ll pay as a merchant for each credit card transaction. The Interchange++ model gives you full visibility into these costs, so you know exactly what you’re paying.
The first “+” sign stands for fees charged by major card networks such as Visa and Mastercard.
The second “+” sign stands for the amount the acquirer or PSP charges to cover the costs of doing business.
Basic EU interchange “costs” are approximately 0.25%, while US and international interchange “costs” are approximately 1.9%. A rewards card usually carries a 20-40 basis point (BPS) premium. In summary, interchange varies greatly, but Checkout.com will always share interchange fees on a per transaction basis.
Most payment providers (but not Checkout.com) charge a standard fee of 2.9% and $0.30. Other payment providers make a profit of approximately 80-100 BPS on each transaction.
YES. Checkout.com is a full service global payment company that is integrated with many popular eCommerce platforms. All it takes to swap out their processing service for Checkout.com is to obtain your public and private merchant keys. Additionally, we ONLY sign month-to-month agreements with no penalty for termination, and no minimum volume requirements.
Absolutely not. Checkout.com is committed to clear, transparent pricing – no hidden fees nor platform fees.
- Tokenization Fee - waived
- Prism Risk management Tools - waived
- Monthly account maintenance fee - waived
No, there are no additional fees for account support and management. Checkout.com provides all of our merchants with a dedicated relationship manager who knows your business and wants to help you succeed.
Yes. We are ready to earn your business. Simply provide the relevant supporting documents, and we’ll aim to beat your existing pricing.