Rapyd
Pricing
Cut fees and create better commerce experiences worldwide.
Understanding Interchange++ (IC++)
Interchange++ pricing is a transparent fee structure used in card payment processing. It consists of three components: the interchange fee, scheme fee and acquirer fee.
The Interchange and Card Scheme Fees are set by external entities. Rapyd charges a small Acquirer Fee for each transaction.
Interchange
(Issuer Fee)
This fee is a percentage of the transaction amount that is paid to the cardholder’s bank (issuer). It varies depending on several factors including the country and transaction type.
With Interchange++ pricing, Rapyd does not mark up these rates.
0.20% – 1.80%
per transaction
Scheme
(Visa/Mastercard/AMEX fee)
A percentage of the transaction amount that is charged by the payment method or card network like Visa or Mastercard. This fee covers transaction processing and handling.
With Interchange++ pricing, Rapyd does not mark up these rates.
0.02% – 0.65%
per transaction
Acquirer Fee
(Rapyd’s Fee)
Rapyd charges a small fixed fee per transaction to deliver card acquiring and payment processing services.
Our fee is very competitive and can vary based on processing volume and other factors.
Contact Us for a Price Quote
Benefits of Interchange++ with Rapyd
Transparency: Because Rapyd’s acquirer fee is fixed and transparent, merchants are free to optimise their pricing strategy, for example, by adjusting prices by region to reflect interchange fees.
Cost Effectiveness: Interchange ++ results in lower fees compared to blended rate models.
Rapyd customers can analyze Interchange and scheme fees using our Interchange Plus Pricing Report
Examples of Interchange and Scheme Fees
| Interchange Fees (Visa/Mastercard) | Scheme Fees (Visa/Mastercard) | |
| Domestic Debit | 0.20% | 0.02% – 0.12% |
| Domestic Credit | 0.30% | 0.02% – 0.12% |
| Cards Issued Outside the EEA | 1.50% – 1.80% | 0.55% – 0.65% |
Get complete details on Visa and Mastercard interchange fees.