How Payment Processing Works
When you process a card payment, fees go to three parties:
- Interchange Fee - Goes to customer's card-issuing bank (Visa/Mastercard sets rates)
- Assessment Fee - Goes to card networks (Visa, Mastercard, Amex, Discover)
- Processor Fee - Goes to your payment processor based on your merchant agreement
Additional Benefits
Next-Day Settlements
Funds deposited to your bank account within 24 hours (vs 2-3 days with third-party processors)
No Hidden Fees
Transparent pricing, no monthly minimums, no PCI compliance fees, no statement fees
You Own the Merchant Account
Direct relationship with your processor under your own merchant account, not an aggregator sub-account
Enterprise-Grade Security
PCI Level 1 certified processor, same security as Fortune 500 companies
Getting Started
Complete your PointPlusPOS setup by submitting your merchant application:
- Submit your merchant application
- Complete onboarding and credential verification
- Configure your approved payment settings
- Start processing once account setup is complete