Interchange refers to the fee collected by the customer’s credit card bank (Discover, in this instance) on every transaction. These rates are set by Disocver each year and apply to every processor in the payments industry. In simpler terms, interchange is the wholesale cost that the processor has to pay on every credit card transaction. The tables below provide a breakdown of the current Discover interchange rates.

* Individual Interchange Rates for Visa | Mastercard | Discover | American Express Included in the monthly price above

Discover is one of the most widely used credit cards in the United States, along with Visa, MasterCard, and American Express. Discover is very popular among consumers for their low introductory rates, no annual fees, great benefits and rewards, and 24/7 American-based customer service.

Accepting Discover can be a tremendous benefit to your business, especially due to its popularity among younger consumers. Some business owners choose not to accept Discover due to misperceptions of their rewards cards being “more expensive” than other card brands. Discover interchange rates are very comparable to Visa and Mastercard despite the tremendous rewards they offer to their cardholders.

We’ve eliminated the confusion and complexity that comes from accepting credit cards by offering interchange plus, or cost-plus, pricing plans. We offer a transparent, small fee on top of the standard Discover interchange rates.