Rhōmb Payment Processing

Competitive Rates,

Full Transparency,

Rapid Setup

Save on Payment Processing with Rhōmb Payments

Don’t get lost in the complexity of payment processing. With Rhōmb Payments, you’ll experience full transparency and dedicated support every step of the way.

  • What is an interchange fee?

Interchange fees are mandatory fees charged by credit card companies. This fee is non-negotiable. It is the same fee per card company for every payment processing platform.

Interchange fees will be based on Card Not Present transactions. Use the following links to view the current interchange rates based on card brand:

These fees consist of a percentage (%) of the purchase amount PLUS a flat transaction fee.

  • How are interchange fees determined?

Interchange fees vary depending on several factors, including:

  • Card Company: Fees differ based on the card company (e.g., Visa, MasterCard, American Express, Discover).
    • Transaction Type: The method of payment impacts the fee. Transactions where the card is physically present and scanned tend to have lower fees compared to online or "card-not-present" transactions.
    • Card Type: Credit cards generally carry higher interchange fees than debit cards due to the added risk and processing complexities associated with credit transactions.
    • Risk Level: Higher-risk transactions, such as card-not-present purchases (e.g., online or phone orders), typically incur higher fees compared to card-present transactions due to the increased risk of fraud.

These factors work together to determine the cost of processing each transaction.

  • What is a payment processing fee?

These are service provider fees, sometimes referred to as merchant fees, for processing the actual transaction. These fees are negotiable and will vary among providers.

  • What do payment processing fees consist of?

  • Card Reader

    • Gateway Access
    • Reporting
    • Maximum Processing Volume ($)
    • Transaction Fee

Payment Processing Fees Add Up.

We offer more affordable solutions than the major providers, helping you save money everywhere you can.

Rhōmb Payment processing fees are

12%

Lower on average than PayPal, Stripe, and Square

When servicing businesses that make less than $1 million in annual revenue a year

Rhōmb Payment processing fees are

19%

Lower on average than PayPal, Stripe, and Square

When servicing businesses that make more than $1 million in annual revenue a year

Rhōmb Payment Rates

Enjoy straightforward, pay-as-you-go pricing with no flat fees, hidden charges, or surprises—just complete transparency.

What’s Included

  • Rapid setup process
  • Full support
  • Seamless integration
  • End-to-end solution
  • Support multiple locations
  • Support of terminals

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