providing an external network and an Interchange Rate Based Convenience Fee, Service Fee, and Surcharge System in external network communication with Fee Creation Entities, wherein the Interchange Rate Based Convenience Fee, Service Fee, and Surcharge System maintains a profile database including fee tables and/or other computer-based storage schemes for fee data storage, and wherein the Interchange Rate Based Convenience Fee, Service Fee, and Surcharge System is operable to add, modify and delete fee tables whenever new fee data is received from the Fee Creation Entities over the external network;

initiating a transaction by a cardholder via an Electronic Payment User Interface on the GUI;

receiving electronic transaction information corresponding to an account of the cardholder and an original payment amount for the cardholder;

automatically making a real-time lookup in the profile database for a real-time interchange rate associated with the account of the cardholder;

automatically determining a convenience fee by combining the real-time interchange rate with other fees, wherein the convenience fee is dynamically determined; and

calculating a total transaction amount for the cardholder, wherein the total transaction amount includes the original payment amount plus the convenience fee for the cardholder, wherein the total transaction amount payable by the cardholder is greater than the original payment amount or equal to the original payment amount.

providing an Interchange Rate Based Convenience Fee, Service Fee, and Surcharge System in external network communication with Fee Creation Entities, wherein the Interchange Rate Based Convenience Fee, Service Fee, and Surcharge System maintains databases, fee tables, and other computer-based storage schemes for fee data storage, and wherein the Interchange Rate Based Convenience Fee, Service Fee, and Surcharge System is operable to add, modify and delete fee tables whenever new fee data is received from the Fee Creation Entities;

initiating a transaction by a user via an Electronic Payment User Interface on a GUI;

receiving electronic payment information or data corresponding to at least two accounts of the user via at least two input boxes, wherein the electronic payment information or data includes eight numbers of each of the at least two accounts;

receiving an original transaction amount for the user;

automatically determining a real-time interchange rate associated with each of the at least two accounts of the user;

automatically transforming the real-time interchange rate, and at least a merchant service fee into a convenience fee for each of the at least two accounts;

presenting the convenience fee for each of the at least two accounts to the user;

wherein presenting the convenience fee to the user includes a real-time interchange fee, an assessment fee, and service provider fee(s); and

upon selection of one of the at least two accounts and activation of a pay now button, calculating a total transaction amount for the user, the total transaction amount including the original transaction amount plus the convenience fee to the user, wherein the total transaction amount payable by the user is greater than the original transaction amount or equal to the original payment amount.

issuing the new account for use in the transaction by selecting the button associated with the new account, wherein selecting the button associated with the new account causes the pay now button to transform into an apply button;

selecting the apply button to apply for the new account; and

upon issuance of the new account, paying the total transaction amount using the new account.

providing an Interchange Rate Based Convenience Fee, Service Fee, and Surcharge System in external network communication with Fee Creation Entities, wherein the Interchange Rate Based Convenience Fee, Service Fee, and Surcharge System maintains databases, fee tables, and other computer-based storage schemes for fee data storage, and wherein the Interchange Rate Based Convenience Fee, Service Fee, and Surcharge System is operable to add, modify and delete fee tables whenever new fee data is received from the Fee Creation Entities;

initiating a transaction by a cardholder;

receiving electronic transaction information corresponding to an account of and an original transaction amount for the cardholder;

receiving electronic payment information or data corresponding to multiple cardholder accounts, wherein the multiple cardholder accounts include the account of the cardholder;

automatically making a real-time bank identification number (BIN) lookup for determining a real-time interchange rate associated with each of the multiple cardholder accounts;

automatically transforming each of the real-time interchange rates and at least one fee into convenience fees;

presenting each of the convenience fees to the cardholder; and

calculating a total transaction amount for the cardholder, the total transaction amount including the original transaction amount plus at least one of the convenience fees for the cardholder and the card presented, wherein the total transaction amount payable by the cardholder is greater than the original transaction amount or equal to the original payment amount.