Merchant Services
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Merchant Service Rates


 

Offering the Most Competitive Rates in the Industry


Our Company offers the most competitive program in the industry today Interchange Pass Through. Our program provides the lowest overall cost of service, by passing through the direct cost for Interchange Fees and Assessments with a small markup in order to provide your business with the most reliable service and support.

It is important to understand that comparing quotes from one merchant service provider to the next can be very difficult. Rates will vary depending on the pricing method, type of card, the manner in which the card is processed and your adherence to qualifying criteria associated with the sale.



Interchange Pass Through (IPT)


As a business owner you have enough to do without having to figure out how Credit Card Interchange works. The good news is it's not that complicated. Interchange consists of different percentage and transaction fees that an Issuing Bank (Cardholder's Bank) charges an Acquiring Bank (Merchant's Bank) to process one of their cardholder's credit cards. There are hundreds of different interchange fees, what is important is to understand that interchange is essentially the wholesale rate that banks charge each other in order to process a credit card transaction. In order to pay the lowest fees when processing credit cards, a merchant's goal is to pay as close to interchange as possible.



Services

Competition

Us

Application Fee
$95 - $250
  • Free
  • Setup Fee
    Non-Refundable
  • Free
  • PCI Compliance Fee
    $120 - $199 Annual Fee
  • $10 per month
  • Representative
    NO
  • Dedicated Account Manager
  • Equipment Programming
    Handled by Third Parties
  • 24 - 48 Hrs
  • Average Approval Time
    2 - 4 days
  • 1 - 2 days
  • Technical Support Hours
    9am-5pm Monday-Friday
  • 24 x 7 x 365
  • Retail Discount Rate
    (Face-to-Face Sales)
    1.69%
  • 0.25% IPT*
  • Internet/Mail/Phone Order
    Discount Rate
    2.75%
  • 0.35% IPT*
  • Transaction Fee
    $.25 - $.35 cents per trans
  • $.10 - $.15 cents per trans
  • Statement Fees
    $10 - $20 per month
  • $10 per month
  • Supporting Bank
    ???
  • Wells Fargo Bank


  • Rate Comparison based on 0.25% over Interchange


    Tiered Example Rates:
    • Visa Regulated Check Card
      Example: 1.69%
    • Visa Rewards 1 Card
      Example: 2.69%
    • Visa Commercial Card Retail
      Example: 3.19%
              
    I.P.T. Example Rates:
    • Interchange Cost 0.16% with Assessments
      Our Rate: 0.41%
    • Interchange Cost 1.76% with Assessments
      Our Rate: 2.01%
    • Interchange Cost 2.56% with Assessments
      Our Rate: 2.76%

    Rates based on April 2021 Visa® Interchange Reimbursement Fees and Assessments



    Beware of Tiered Pricing Programs

    Most merchant account providers quote a "rate as low as" rate, this rate is generally what they call their Qualified Rate. Most tiered merchant accounts have a base rate plus two additional tiers that carry a surcharge when the type of card or acceptance method does not fall into the qualified tier. In this type of pricing method you are almost always paying well above the interchange cost for all surcharged transactions. Interchange Pass Through Programs only have one discount rate that you pay above the True Cost to accept a card.


    3-Tier Merchant Rate Structure:
    • Qualified Discount Rate (Base Rate)
      Example: 1.69%
    • Mid Qualified Surcharge (Qualified Rate + Mid Qualified Surcharge)
      Example: 1.69% + 1% = 2.69%
    • Non Qualified Surcharge (Qualified Rate + Non Qualified Surcharge)
      Example: 1.69% + 1.5% = 3.19%
              
    4-Tier Merchant Rate Structure:
    • Debit Discount Rate (Check Cards Only)
      Example: 1.29%
    • Qualified Discount Rate (Qualified Rate)
      Example: 1.69%
    • Mid Qualified Surcharge (Qualified Rate + Mid Qualified Surcharge)
      Example: 1.69% + 1% = 2.69%
    • Non Qualified Surcharge (Qualified Rate + Non Qualified Surcharge)
      Example: 1.69% + 1.5% = 3.19%


    Free Rate Evaluation

    * = Indicate Mandatory Fields