MOBOPAY® Interchange-Plus Pricing for Payment Processing.
MOBOPAY provides transparent interchange-plus payment processing for Canadian and U.S. merchants. Your cost is made up of the card network’s interchange (passed through) plus a clear MOBOPAY markup. If you are comparing Stripe, Square, or bank merchant services, this page shows exactly how the math works. We also specialize in high-risk payment processing for businesses declined by Stripe and PayPal Shopify, Square and many others.
No mystery “flat rate.” No hidden surcharges. Just a clear breakdown of what the card brands charge, what we charge, and what you keep.
How Interchange-Plus Pricing Works.
Every card transaction has a base fee set by the card networks (Visa, Mastercard, etc.). This is called interchange, and every processor pays it — including Stripe, Square, and your bank.
With MOBOPAY, you see exactly what you are paying for:
- Interchange: The base cost set by the card networks (passed through at cost).
- MOBOPAY markup: A small, transparent percentage + per-transaction fee.
No hidden “bundled” rates. No tiered pricing that jumps without explanation. Just a simple, honest structure that scales with your business.
Example: $100 In-Person Visa Transaction
| Item | Amount |
|---|---|
| Sale Amount | $100.00 |
| Card Interchange (example) | 1.58% + $0.05 |
| MOBOPAY Markup | 0.15% |
| Total Processing Cost | 1.73% + $0.05 = $1.78 |
| You Keep | $98.22 |
A typical flat-rate provider might charge 2.65% on the same $100 sale, which is $2.65 in fees.
With MOBOPAY in this example, your cost is about $1.78 — you keep more of every sale, and the structure stays transparent as your volume grows.
Example: $10,000 In-Person Visa Transaction
| Item | Amount |
|---|---|
| Sale Amount | $10,000.00 |
| Card Interchange (example) | 1.58% + $0.05 |
| MOBOPAY Markup | 0.15% |
| Total Processing Cost | 1.73% + $0.05 = $173.05 |
| You Keep | $9,826.95 |
At a flat rate of 2.65%, the same $10,000 sale would cost $265.00 in fees — you would keep $9,735.00.
With MOBOPAY, your fee in this example is about $173.05, so you keep $9,826.95 — an extra ~$92 back in your pocket on a single high-ticket sale.
Actual interchange varies by card, category, and transaction method. Numbers shown are for illustration only.
Flexible & Negotiable Plans.
Every business is different. We do not lock you into a single static rate and hope it works forever. Instead, we tailor your pricing to match how you actually process.
What We Look At When We Price Your Account
- Monthly processing volume and growth plans
- Transaction types (in-person, online, keyed, subscription)
- Card mix (Interac, Visa, Mastercard, business cards, rewards cards)
- Risk level, industry, and chargeback history
- Gateway, integration, or hardware requirements
Whether you are a startup, a mid-sized company, or a fast-scaling enterprise, we match you with a pricing structure that supports your margins and growth.
What’s Typically Included
- ⚡ Next-day funding (on approved accounts)
- 🖥️ Secure virtual terminal & real-time reporting dashboard
- 🛡️ Chargeback monitoring tools (MidMetrics optional add-on)
- 🔐 PCI compliance support and guidance
- 🚫 No long-term contracts or monthly minimums (in most cases)
- 🔄 Free reprogramming of compatible existing terminals
Popular Payment Terminals & Ownership Options.
Hardware should make your life easier — not lock you into endless fees. We focus on modern, reliable devices and clear lease-to-own options.
Clover Flex 4 — Our Most Popular All-In-One Terminal
The Clover Flex 4 is the go-to device for many MOBOPAY merchants. It’s a handheld, all-in-one smart terminal that’s perfect for:
- Table-side payments in restaurants and bars
- Delivery, curbside, and mobile service businesses
- Countertop checkout with limited space
- Tap, chip & PIN, and manual entry in one device
Built-in receipt printer, long battery life, Wi-Fi and LTE options, and a clean customer-facing tip screen make it easy for staff to use and simple for customers to pay.
We can bundle the Clover Flex 4 into your package with lease-to-own or rental options, depending on how you prefer to treat hardware expenses.
Lease-to-Own vs Monthly Rental — What’s the Difference?
Most merchants are offered two basic options for terminals:
- Lease-to-Own: Fixed term (typically 48 months), after which you own the device.
- Monthly Rental: Lower monthly amount, but you never own the device — you pay forever.
A common comparison we see:
| Period | Lease-to-Own (~$45 / month) |
Rental (~$39 / month) |
Difference |
|---|---|---|---|
| 48 months | $2,160 total You own the terminal |
$1,872 total You own nothing |
Lease costs $288 more Upfront premium for ownership |
| 60 months | $2,160 total $0 / month after 48 |
$2,340 total Still paying $39 / month |
Lease ahead by $180 |
| 84 months | $2,160 total | $3,276 total | Lease ahead by $1,116 |
With a lease, you pay a bit more in the first 48 months (about $288 more in this example), but after the term ends you own the terminal and your monthly cost drops to $0. At a $39 rental, you keep paying every single month.
Rough break-even is around month 56 — after that, lease-to-own keeps putting money back in your pocket while you continue using the same device.
Additional Services & Typical Fees.
Not every merchant needs every tool. We keep add-ons optional, transparent, and easy to understand.
| Service | Typical Cost | Notes |
|---|---|---|
| Terminal Lease / Hardware | Starting around $35–$45 / month | 48-month lease-to-own for devices like Clover Flex 4 and other smart terminals. |
| Online Gateway (E-commerce) | Approx. $15 / month or per-transaction | Varies by integration, volume, and features. |
| PCI Non-Compliance | $19.95 / month | Only if PCI requirements are not completed. |
| Chargeback Handling | $25 / dispute | Industry-standard fee, includes representment support. |
| Custom API Integration | Quoted individually | For deeper, custom or multi-system integrations. |
Exact fees can vary by bank, card brand and region. We always disclose all recurring and per-transaction fees before you sign anything.
Compare MOBOPAY vs. Square vs. Stripe.
Flat-rate processors are convenient — but that convenience often comes with higher, hidden margins for them. Interchange-plus lets you see where your money is actually going.
| Feature | MOBOPAY | Square | Stripe |
|---|---|---|---|
| Pricing Model | Interchange + 0.15% + $0.05 | Flat 2.65% (in-person) | Flat 2.9% + $0.30 (online) |
| Example $100 Transaction (Visa) | ~1.73% + $0.05 → $1.78 fee | 2.65% → $2.65 fee | 2.9% + $0.30 → $3.20 fee |
| You Keep (on $100 sale) | $98.22 | $97.35 | $96.80 |
| Contract Terms | No long-term contract in most cases | No contract | No contract |
| Typical Monthly Fee | $0–$15 (gateway / e-com setup dependent) | $0–$79 (by plan) | $0 |
| Chargeback Fee | $25 (standard) | $15 | $15 |
| PCI Compliance Fee | $0 if compliant / $19.95 if non-compliant | Included | Included |
| Funding Speed | Next-day funding (on approval) | 1–2 business days | 2–3 business days |
| Account Setup Time | Same-day approval in most cases | Instant signup | Instant signup |
| Support | Local, Canada-based + direct to Moise | Ticket / chat-based | Ticket / chat-based |
| Hardware Options | Clover Flex, smart terminals, countertop & mobile options | Square Terminal, readers | 3rd-party readers |
Numbers are approximate and for illustrative purposes only. Actual costs depend on your specific setup, card mix, and region.
Request a Pricing Quote or Statement Review
Complete the form below and we will review your business, break down what you are paying now, and show you what your fees would look like with MOBOPAY on interchange-plus. You can optionally upload a recent processing statement so we can run real numbers.
How Much Could You Save?
For many merchants, switching from a flat-rate provider to a transparent interchange-plus model means putting real money back into the business every month.
Approximate monthly savings based on typical rate differences:
| Monthly Volume | Estimated Savings vs. Square | Estimated Savings vs. Stripe |
|---|---|---|
| $15,000 | ≈ $130 / month | ≈ $213 / month |
| $25,000 | ≈ $217 / month | ≈ $355 / month |
| $50,000 | ≈ $435 / month | ≈ $710 / month |
| $100,000 | ≈ $870 / month | ≈ $1,420 / month |
These are ballpark examples based on common rate differences and assumptions. Your actual savings will be calculated from a real statement and your specific pricing.
