6 April 2021
Acquirer pricing models: What actually is Interchange
It-finanzmagzin.de published an article by Marina Titova, business analyst at DataArt, examining the relative challenges and advantages of the blended pricing and Interchange ++ pricing models with respect to the calculation of interchange fees for payment systems. She explains why the Interchange ++ pricing model is the more attractive model for merchants and the most competitive model for acquirers.
«Merchants using the Interchange ++ pricing model will be charged an accurate, pre-calculated fee. Such models are more attractive for merchants because they receive clear transaction statements with detailed information about the interchange fee paid to the payment system.»
«The Interchange ++ pricing model is the most competitive model for acquirers who value their merchants and other third parties such as payment gateways and payment moderators and want to offer attractive service options.»
Original article can be found here.