Loomis Pay Pricing Models – Choose the One That Fits You Best

At Loomis Pay, we know that different businesses have different needs. That is why we offer two pricing models for card payments – one that provides full transparency down to every individual component, and one that keeps things simple and predictable. It is up to you to choose the model that best suits your business.

What costs are involved in processing a card payment?

When a customer pays by card at your business, the total cost always consists of several components, such as:

• Interchange Fee (IC) – the fee charged by the cardholder’s bank (the issuer). This fee is regulated by the card networks (Visa, Mastercard, etc.) and cannot be negotiated. The size of the fee varies depending on factors such as card type, whether the card is a private or corporate card, and whether the transaction is domestic or cross-border.

• Scheme Fee (Card Network Fee) – the fee charged by the card network (Visa, Mastercard, etc.) for maintaining and operating the payment network.

• Acquiring Fee / Markup – the fee charged by Loomis Pay for handling the transaction, providing the payment terminal, support, security, and settlement services. This is the negotiable part and the element that differs between the pricing models.

The difference between our pricing models is not what you pay for – but how it is presented and charged.

Benefits of IC++

• Transparent pricing – you only pay the actual cost plus a clearly defined markup

• Easy to compare providers – when the markup is separated and visible, it becomes easier to evaluate whether you have a competitive agreement

• Better analytical insights – detailed reporting allows you to see how different card types affect your costs and helps you make data-driven decisions

IC++ is ideal for businesses that want full visibility into their payment costs and have the ability to monitor and analyze them.

How do the pricing models affect you in practice?

Overall, the experience is the same regardless of which pricing model you choose. You accept payments in the same way, your customers notice no difference, and you still receive next-day payouts as usual.

The difference lies in how the fees are deducted from your payouts:

• With Blended Pricing, the agreed fixed percentage is always deducted from every transaction. The transaction fee is predictable and remains consistent over time.

• With IC++, Loomis Pay’s markup is charged together with the actual interchange and scheme fees. Since these vary depending on card type and other factors, the transaction cost may fluctuate slightly – but you can see exactly what each component costs in your reporting.

Both models provide the same fast payouts, the same support, and the same level of security. The only difference is the structure of how you pay.

Which model is right for you?

There is no right or wrong answer – it depends entirely on what works best for your business.

If you value simplicity and predictability, blended pricing is often the best choice.

If you want full transparency and the ability to actively monitor and understand what drives your payment costs, IC++ is the right option.

Not sure which model suits you best? Contact our support team and we will help you choose the pricing structure that best fits your business.