|
Discount Rate: 2.35
%
Transaction Fee: $0.30
Statement/Support (monthly): $10.00
Payment
Gateway (monthly): $24.95
Registration Fee: $95.00
Discount
Rate: Amount of bank fees that are deducted from your
credit card transaction.
Transaction
Fee: A per transaction fee that is charged on each transaction.
Statement/Support:
Covers monthly reports detailing activity on your merchant
account and includes 24 hour toll free customer service to
help you with your account inquiries.
Registration
Fee: Covers processing your application, risk assessment
and approval by Electronic Merchant Systems. Your Registration
Fee is not required in advance and upon final approval will
be applied to your first month's statement.
$25
Minimum Monthly: Example: If your discount rate
is 2.75% and you get a $100 sale, your discount fee on this
transaction will be $2.75. If you make 10 of these sales in
a month, your total discount fees would be $27.50, which exceeds
the monthly minimum so no charge applies. If the monthly minimum
is not achieved the merchant will incur a charge for the difference
between the actual discount fees and the monthly minimum requirement.
Payment
Gateway Fee: This monthly fee enables the safe and secure
processing of credit cards on the Internet, either through
a Virtual Terminal or directly from your website.
|