Welcome to PayTrace, a
PNC Merchant Services
compatible gateway.
Explore our gateway
application in a snap
You've been introduced to PayTrace, an online payment gateway. Now
that you have your PNC Merchant Services account, let's take these
next three, simple steps together.
It’s as easy as 1–2–3.
Sign our gateway agreement
Once submitted (via DocuSign), we'll start building your new PayTrace account. This process takes a day or two. When you receive your welcome email, just log in.
Enroll in our gateway e-training
We specialize in customized one-on-one gateway
training at no additional cost.
training at no additional cost.
Take note of our 5-star support
(888) 806 6545
support@paytrace.com
Have a question related to your new account setup?
pncnewaccounts@paytrace.com
What is interchange?
Interchange is a rate or fee charged by banks to cover the cost of handling and risk involved in bank credit or debit card transactions.
Interchange optimization is available on all PayTrace products, all day, every day.
On our platform, merchants qualify for the best interchange rates on every transaction. Our omni channel solution for secure payments is available online, in-office POS, and through any mobile device. Even merchants accepting payments through common accounting software, CRM, and ERP applications connecting to our API are saving with interchange optimization.
Who sets the rates?
Interchange rates are set by credit card companies such as Mastercard, Visa, American Express, and Discover. Visa and Mastercard typically publish updated interchange rates in April and October. These rates are current as of April 2022, and effective July 2022 for the public.
Are there fees associated with interchange?
In addition to the interchange rate, credit card processing companies often include other fees that are passed along to merchants as part of their processing costs.
What data is required to qualify for each rate?
Visa and Mastercard require different amounts of data to qualify for Level II and Level III rates. PayTrace optimizes this data so merchants can qualify for higher savings on each transaction.