Lowered Rates for Supermarkets

Take Advantage of Lower Rates for Supermarkets

Did you know that Visa and MasterCard offer lowered interchange rates specifically for supermarkets? 

NRS Point of Sale in Store
Cashier using point-of-sale and payment processing at supermarket
Save $100s on Your Payment Processing Rates

The Supermarket Payment Processing Secret

The card brands you already take offer lowered rates for supermarkets as a way to incentivize card acceptance.  Unfortunately, most banks and processors board supermarket accounts as general retail. 

General retail rates aren’t tailored for supermarkets which leads to expensive processing bills.  Our team specializes in setting up supermarkets with optimized rates and integrated point-of-sale technology to help businesses thrive.

Family using their smartphone to make an NFC payment
Woman with a shopping list at a grocery store
Credit card fee percentage

Lowered Interchange Rates

Supermarkets are given special lowered interchange rates by Visa and MasterCard to lower your overall cost of acceptance and encourage you to accept their cards.

Sales and savings reporting

Free Statement Analysis

Our team of experts can easily tell if your business is set up for supermarket rates with a free statement analysis. Use the button and form below to submit a statement, or give us a call directly to get in touch with a representative at 844-404-0199!

What Are Supermarket Interchange Rates?

Interchange fees are charged per transaction to you by the card networks for accepting their debit and credit cards.  When you look at your monthly merchant processing bill, a majority of what you are paying is interchange fees.

Fortunately, for supermarkets, the card brands offer optimized interchange to help lower your cost of acceptance.  Unfortunately,  most supermarkets we come across aren’t set up with optimized interchange rates. 

See below for a list of these lowered interchange rates and get in contact with us today to qualify for them!

Card Program
Regular Retail Interchange
Supermarket Interchange
Savings

Visa Signature Preferred

2.10% + $0.10

2.00% + $0.07

0.10% + $0.03

Visa Signature

1.65% + $0.10

1.65% + $0.07

0.00% $0.03

Visa Traditional Rewards

1.65% + $0.10

1.50% + $0.07

0.15% + $0.03

MasterCard World

1.77% + $0.10

1.58% + $0.10

0.19% + $0.00

MasterCard Enhanced Value

1.73% + $0.10

1.48% + $0.10

0.25% + $0.00

MasterCard Core

1.58% + $0.10

1.48% + $0.10

0.10% + $0.00

For a list of all current interchange fees please visit here for Visa or here for MasterCard.
Ready to Start Saving?

Not Sure What Supermarket Payment Processing System is the Best Fit?

MiPago™ has helped countless businesses optimize their interchange rates and lower their bill!  Book a Free Consultation with one of our team members today to go over your needs and if we are a good fit.

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Cashier using EMV card terminal to run a credit card
Take the Next Step

Speak to a Rep About Your
Supermarket's Payment Processing

Start to leverage optimized interchange for supermarkets and save money on payment processing.  Use one of the contact methods below to get in touch with MiPago today to see if your business is a good fit!

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Get immediate assistance by calling us at (844) 404-0199!

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