A pricing model that charges one simple percentage (and sometimes a per-transaction fee) for every sale, regardless of the real interchange cost. It is predictable and easy to understand, but you overpay on cards with low interchange.
Why it matters for your business
Terms like Flat-rate pricing aren't just jargon — they sit behind what you actually pay to accept payments. Understanding them is the difference between reading your statement and being at the mercy of it. If you're not sure how this shows up in your own costs, the fastest way to find out is to have someone read your statement line by line.
See what you're really paying →Related — Pricing & Fees