Card transaction fees - Blended
With each card transaction, card transaction fees are deducted from the total amount.
A blended fee is a pricing model that bundles all costs associated with each transaction into one simple, understandable fee.
The standard among payment providers is to charge you a different rate for every type of transaction depending on the card type (debit or credit), payment scheme (VISA and MasterCard), whether it's national or international, and other factors.
How is the blended fee calculated?
The blended fee is calculated by adding together the fee applied to the % of your total card transaction from VISA and Mastercard and the fee applied to the % of your total card transactions from other payment schemes.