BizSugar.com › Finance › Comparing Card Processing Rates As a Merchant: Getting the Best Deal

If you’re a merchant that accepts credit cards, you undoubtedly know exactly what your card processing rate is. You know it’s called a merchant discount rate, and it’s some percentage of the total bill, maybe a flat fee per transaction is also attached. To help you better understand this fee, we break down the merchant discount rate into two key pieces: interchange fees and what we will generally call “everything else.” Getting to know these pieces will help you to compare rates among processing companies and to know where you can haggle for a better rate.