Pricing Rate Methods

Pricing Rate Methods are the different ways fees can be set up to calculate income. Different methods may be available, depending on the fee category.

You can calculate income based on the following methods:

• Percent: A percentage of the total dollar amount.
• Per Item: A set dollar amount for each item.
• Net/Gross/Both: Calculate fee based on net, gross, or both totals. This option is only applicable to Discount and Interchange fee categories.
• Tiered Rates: Calculate tier rates based on the overall volume (applies at month-end).
  • Pick-a-Tier: Apply a single rate based on the tier the volume falls into.
  • Fill-a-Tier: Apply a different rate for every tier, from the lowest to the highest relevant tier.
• Pass-Through Expense: This is a shortcut for merchant pricing that passes 100% of the calculated expense from the ERG to the merchant.
• Card Brand Pass through: The fee rate is directly passed to the merchant from the published card brand rate.
• Interchange Pricing
  • Interchange Pass-through: Direct pass-through of the published card brand rate.
  • Interchange Pass-through Plus: Add a % and/or per item rate to the pass-through calculation.
  • Interchange Differential: Set a base or qualified rate for comparison to the actual interchange rate; assess the difference to the merchant.
  • Interchange Differential Plus: Add a mark-up to the difference amount using a specified % and/or per item.

You can also enter negative rates for any fee item as a correction or rebate.