Every card costs a different amount. Here's who keeps the difference.
Every card type has a published price, called interchange. Visa and Mastercard set it, and every processor pays the same. Your pricing model decides what you pay on top of that, and who keeps it.
Card$100.00 saleYou pay · Donated
Debit, big bank
Everyday checking, regulated
$0.27customer covers $0.00+$0.00 donated$0.27customer covers $0.00+$0.00 donatedDebit, community bank
Local bank or credit union
$0.95customer covers $0.00+$0.00 donated$0.95customer covers $0.00+$0.00 donatedCredit, basic
No-frills card
$1.61customer covers $0.00+$0.00 donated$1.61customer covers $0.00+$0.00 donatedCredit, rewards
Points, miles, cash back
$2.40customer covers $0.00+$0.00 donated$2.40customer covers $0.00+$0.00 donatedCredit, business
Company card
$3.10customer covers $0.00+$0.00 donated$3.10customer covers $0.00+$0.00 donated
- Card cost