flat rate process service


Naturally, it is critical to discover methods to spend less than you make. In such discussions, we usually bring up the idea of flat rate process service.

Whatever kind of company you run, you have something in common with every other business owner out there. You’re in the business of earning money! And, although there are many methods to increase your bottom line, conserving money is a good place to start.

Naturally, it is critical to discover methods to spend less than you make. To do so, you must evaluate the expenses of operating your company. We often have this conversation with customers that want to use one of our payment solutions, such as the Clover POS System or our Nail Salon POS System, at VMS. In such discussions, we usually bring up the idea of flat rate process service.

What Exactly is the Flat Rate Process Service?

Flat rate process service simply implies that the credit card processor charges you one flat fee for all credit card transactions, independent of the changing interchange rate (interchange rate = determined by card companies and depending on card types).

What Is the Process of Flat Rate Processing?

When a company handles a credit card transaction, it pays three different fees:

  • An interchange fee is charged to the card’s issuing bank.
  • A charge to MasterCard, Visa, or Discover
  • A markup to the flat rate process service.

Individual credit card transaction exchange rates vary from 0.05 percent to 3.17 percent, based on card type, card brand, processing method, and a variety of other unique variables. Because interchange fees and assessments are bundled into a single rate, the merchant has no idea which interchange rate is being used.

Every transaction has the same processing cost with flat rate pricing. However, since your provider must cover both high-priced (corporate cards) and low-cost (debit card) transaction types, they will eventually charge more for transactions that would cost less under a different plan. Flat rate process service may range from 2.75 percent to 3.50 percent, with fees ranging from $0.20 to $0.30 per transaction.

flat rate process service

Is Flat Rate Processing the Best Option for You?

Flat rate processing is the most basic and easy choice for merchants that don’t want to deal with the hassle of comprehending interchange costs or the unpredictability of what they will spend in processing fees each month.

Flat rate processing service is also a viable alternative for new companies that do not meet the requirements for a merchant account since it has a low barrier to entry.

The cost of flat rate processing is predictable and simple to comprehend. Just keep in mind that the ease of flat-rate processing comes at a cost. Since flat rate pricing combines all transactions into a single charge, businesses will wind up paying more for some occasions. If you want to learn more about flat rate processing service from VMS, don’t hesitate to contact us for a chat.


Choosing the best price structure is a critical choice. VMS‘s flat rate processing service specialists can assist you in sorting through the specifics to discover the best flat rate process service for your company, along with other services to help Vietnamese merchants grow their businesses. Give us a call.

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