What is a basis point?

A basis point is a hundredth of a percent. So 50 basis points equals 1/2 of a percent. Why should you care? Well, merchant accounts, used to process credit cards, are sold in various basis point configurations. Interchange, qualification adjustments, card type and other factors can cause wild swings in the basis points you are charged to process credit/debit cards. That's why iPayX has taken all the mumbo jumbo out of merchant banking to provide one low, flat, Pure & Simple rate.  Find out how much you can save. Then you can forget you ever heard of basis points.

About us

iPayX (Internet Payment Exchange, Inc.) provides payment systems, electronic document delivery, and associated customer service solutions that complement and maximize a company’s internal systems and resources. Our technology services are found in hundreds of businesses including healthcare providers, utility companies, wholesale distributors, municipal governments, service providers and other organizations in 47 states. We annually process over a billion dollars in electronic payments.

Contact

We move money to you at 'net speed.

Internet Payment Exchange, Inc.
1946 N 13th St.
Ste 392
Toledo, OH 43604 USA
Phone: (800) 530-7004
Fax: (419) 730-7095

 

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