Super Payments offers Pay Later (by Super Credit), Open Banking, and traditional Card payments (including Apple Pay and Google Pay).
All other payment providers charge a processing fee; we are the only provider in the market which has removed this entirely for all payment methods. Open Banking and Super Credit are completely free to businesses.
For cards, there are mandated costs from Visa/MasterCard and participating banks, associated with the payment itself. With Super, you only pay these unavoidable costs for card payments.
Every card transaction fee has unavoidable, mandated costs (made up of interchange and scheme), and processor fees. Interchange (paid to the cardholder’s bank) ranges from 0.3% - 2.5% depending on card type, bank, and country. Scheme fees go to the card networks (e.g. Visa, Mastercard) and change over time, often rising when regulations cap interchange fees. Processor fees are what payment providers add on top.
Super Payments Pricing.
We don’t add processor markups or hide costs in blended or “+” models. By passing just the unavoidable costs (interchange + scheme), we deliver the lowest, most transparent pricing in the market. We will always be lower than payment providers which charge a markup - offering Blend or Interchange+(+) pricing:
Super only passes on the unavoidable card costs, while Open Banking and Buy Now Pay Later transactions cost 0%.
As adoption of these alternative methods increases, the mix of payments shifts towards 0%-fee options.
This reduces the weighted average cost of acceptance over time, which is reflected in the downward trend of overall fees.
Instead of charging processor fees, we make money in other ways:
Our mission is to power free payments for businesses and more rewarding shopping for customers so it’s in our DNA to power the cheapest possible payments for your business.