06/16/2026
There's a line item on most payment processing statements called "non-qualified surcharge." Most merchants sign the invoice without ever knowing what triggered it or that they could avoid it entirely.
It's not your fault. Processing statements are designed to be confusing. Interchange fees, assessment fees, tiered pricing buckets, the industry built a language most business owners were never taught.
So here's your cheat sheet: look for your effective rate (total fees รท total volume), your interchange-plus spread, and any monthly minimums buried in the fine print. Those three numbers tell the real story.
At iPays, we believe you should understand every dollar you're paying, because transparency isn't a bonus feature, it's the baseline.