Lower card fees, finally! GoSolo now runs on Interchange++ pricing

At GoSolo, we don’t just talk about supporting small businesses — we build every feature with that mission in mind. That’s why we’ve made a big change to how we handle card payment fees: we’ve introduced Interchange++ pricing.

This isn’t just a technical tweak. It’s a major shift in how we think about fairness, transparency and cost — especially for small businesses that are too often overcharged and underserved.

Let us explain why this matters.

What is Interchange++?

If you’re not familiar with the term, Interchange++ (also written as Interchange Plus Plus) is a transparent pricing model for card transactions.

Here’s how it works:

• Interchange fee — set by the card schemes (like Visa or Mastercard) and passed directly to the issuing bank
• Scheme fee — a fixed fee paid to Visa/Mastercard for processing the transaction
• Markup — the provider’s actual earnings — usually a small, flat margin added on top
• With Interchange++, each part of the fee is separated and visible. You see exactly what you're paying, and to whom.

Compare this to blended pricing, used by many banks and fintechs, where everything is rolled into one flat fee — which usually means one thing: you’re paying more than you should.

Why GoSolo switched from flat rates

Until recently, we used a simplified flat rate like many others in the industry. It was easy to understand, but over time we realised it didn’t reflect what we believed in.

Here’s why:

1. Flat rates are convenient for the provider — not the customer
   Most flat-fee pricing is built to cover “average risk”. But if your clients mostly pay with UK debit cards (which are cheap to process), you’re still being charged as if every payment was a high-risk international credit card.
2. You never know what you're really paying for
   With a blended model, there’s no breakdown of the cost — just one number, with no way to tell where your money is going.
3. It's small businesses that lose the most
   When you're running a micro-business, every pound matters. Blended fees often penalise smaller merchants, who process fewer payments and don’t have the leverage to negotiate better terms.

So we changed it.

Why Interchange++ is better for small businesses

We believe Interchange++ is the most honest, fair and future-facing pricing model — especially for startups, solo founders and SMEs.

Here’s why it works in your favour:

You pay what’s fair
Your fees are based on the real cost of each transaction — not a padded-up average.

You keep more of what you earn
UK debit card payments? Typically 0.2% to 0.3% interchange fee. With GoSolo, you’re not overpaying to subsidise someone else’s AmEx.

You're not punished for growing
As your volume increases or customer base evolves, your pricing scales naturally — not artificially inflated by a flat rate.

You see where your money goes
Every transaction is broken down transparently, so you know exactly what you paid to whom.

How do we compare?

Let’s take a real-world example.

That’s £0.5 to £31+ saved — on just one transaction.

Multiply that across 20–30 payments a month, and it adds up fast.

And yes — GoSolo has no monthly fees or volume requirements. You don’t need to process £10K/month to unlock “good” pricing. You get it by default.

We don't punish small businesses for being small

Let’s be honest: the financial industry has not always been kind to small businesses.

• High fees
• Opaque pricing
• Complicated onboarding
• Mandatory Stripe accounts
• “Premium” features hidden behind subscriptions

At GoSolo, we’ve seen how much time and money founders waste on these things — and we’ve made it our mission to remove that friction.

With our new Interchange++ pricing, we’re taking one more step toward that goal.

Because when small businesses are trusted, empowered and charged fairly — they grow. And that helps everyone.

No monthly fee. No tricks. Just better pricing.

Whether you’re taking payments via QR code, Tap to Pay, payment links, or invoices — you now get access to Interchange++ pricing by default.

No upgrades. No sales calls. No hidden tiers. Just better margins and clearer numbers.

Start your Ltd in 10 minutes.
Already running a business? Handle money and accept payments in one app.

Sign up