The Clear Advantage of IC++ Agreements with NoPayn

In the competitive landscape of payment gateways for webshops, selecting the right pricing model can significantly impact your bottom line. At NoPayn, we advocate for IC++ agreements over blended fees, and here's why this choice can benefit your business.

Understanding IC++ and Blended Fees

Before delving into the benefits, let's briefly define these terms:

• Interchange++ (IC++) Agreement: This pricing model transparently separates the interchange fee, card scheme fee, and the processor's markup. Merchants see exactly what they're paying for each component.

• Blended Fee: This model combines all fees into a single rate. While it simplifies billing, it lacks transparency and can often be more expensive.

Why Choose IC++ with NoPayn?

1. Transparent and Predictable Costs

With IC++, each component of the transaction cost is clearly outlined. This transparency allows you to understand where your money goes, making it easier to forecast expenses and manage your budget effectively.

2. Lower Overall Costs

By separating the fees, NoPayn can offer more competitive pricing. We have analyzed almost 30 gateways, and our IC++ model consistently offers lower rates. The breakdown of costs means we can minimize our markup, providing you with the most cost-effective solution.

3. No Hidden Fees

Blended fees can sometimes conceal hidden costs, leading to unpleasant surprises on your invoice. IC++ agreements eliminate this risk by itemizing every charge. You pay exactly what you see, with no hidden fees or unexpected charges.

4. Enhanced Negotiation Power

With a clear view of the interchange and scheme fees, businesses can better negotiate rates with their acquiring bank. This negotiation power can lead to further cost reductions, something not possible with a blended fee model.

5. Better Risk Management

Blended fees often require providers to hedge against potential cost fluctuations, leading to higher overall charges. In contrast, IC++ agreements, like those offered by NoPayn, align with actual costs, reducing the risk for both the provider and the merchant. This alignment enables us to offer lower rates with confidence.

6. Optimized for Different Card Types

Different cards come with varying interchange fees. With a blended fee, high-cost transactions can inflate your overall rate. IC++ ensures you only pay the actual cost associated with each card type, optimizing your transaction fees.

Conclusion

At NoPayn, we are committed to providing our clients with the most transparent, cost-effective payment solutions. Our IC++ agreements are designed to offer clarity, lower costs, and better risk management compared to blended fees. Contact us to see how we stack up against other gateways and experience the NoPayn difference for yourself.

Choosing NoPayn and our IC++ agreement means choosing a partner dedicated to your financial efficiency and growth. Make the switch today and start enjoying the benefits of transparent, lower-cost transactions.

If you're interested in learning more and are not already a customer, please fill out our form at submit.nopayn.io/form and we will reach out to you.