Rate Plus Surcharge Pricing

Question 1

What is Rate Plus Surcharge pricing

Answer 1

one “flat rate” applied to total volume with additional surcharges

This model does not offer transparency or control to merchants

Think of Hamburger Example

Question 2

How to Identify Rate Plus Pricing on Vantiv Statement?

Answer 2

Single rate applied to all the volume

Surcharges on bottom “monthly account fee”

Question 3

How to Identify Rate Plus Pricing on First Data Statement?

Answer 3

Visa & MC have same discount rate

“other” section has additional surcharges