Glossary
What is Flat-rate pricing?
One bundled percentage charged on every card payment, whatever the card.
Flat-rate pricing, explained
Flat-rate pricing charges the same percentage, sometimes plus a fixed fee, on every card. It is simple to read, but the rate has to cover the most expensive cards, so lower-cost cards are overcharged.
Why it matters for your restaurant
Restaurants with many debit or basic credit payments often pay more on flat-rate pricing than on interchange-plus.
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