Pass-through
Discover interchange
On a statement: DISCOVER INTERCHANGE
Discover's version of interchange. Discover is a smaller share of most contractors' volume, but the rates are in the same neighborhood as Visa and Mastercard and are passed through at cost.
What a fair version looks like
Roughly 1.6%–2.4% of Discover volume.
What 321 Swipe would do
Nothing to negotiate here — we simply confirm it's being passed through, not padded.
See it on a statement
On our sample statement this line is $124.07 (14 items · $6,560.00).
Also under interchange & assessments
All fees →
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