What savings can I expect?
It depends on the type of card your customer presents. Certain cards save up to 50% in interchange fees. We outline common examples below.
It's impossible to know exactly what savings you'll see without performing a full, true cost-comparison. This is due to the fact that interchange can be impacted by numerous factors, and there are dozens of different cards and data-entry possibilities. So, an expert can review your current statements, and determine what the rates "would have been" if you had been accepting level 2/3 data.
But even without a cost comparison, if you have a good handle on what types of cards you receive, then you can run some estimations of cost savings. Savings can only happen on eligible cards. Below are some common interchange reductions that we see, and a few example sales. You can plug-in different numbers to get a more accurate reflection of your potential savings.
We're serious about saving money.
AND is dedicated to getting your processing rates as close to zero as possible. We utilize membership pricing along with cash discounting and surcharging programs to maximize savings. Let our analysts review your statements and see how much money we can put back in your pockets.