|
"Mail Order/Telephone Order
Processing Fees"
Ask
about our Check Guarantee, ATMs, Loadable Debit Cards,
Gift/Loyalty Cards, ACH Programs, and other added value
programs!
Just because you have
a MOTO business, it does not mean that you have to have
your transactions down graded to a
Mid-Qualified
processing rate. There are several things that you can do to
keep your transactions in the Qualified rate schedule.
|
1. Input the security number
from the card into every transaction.
2. Purchase or lease
a wireless terminal.
3. Use a cell phone with a MSR and
printer.
4. Use a notebook with internet access, MSR
and
software. |
The cost of any wireless
option can be paid for easily if the fees are Qualified
transactions. Of
course, the equipment purchased is paid for faster by more processing that
occurs. If a transaction is not swiped or Qualified, then those transactions are down graded to
a Mid-Qualified rate. With the chart below you should notice
this fact.
|
SERVICE DESCRIPTIONS |
MOTO
Payment
Processing |
|
APPLICATION
FEE |
$0 |
|
SETUP
FEE |
$0 |
|
PROGRAMMING
FEE |
$0 |
|
MONTHLY
MAINTENANCE FEE |
$0 |
|
AMERICAN
EXPRESS SETUP |
$0 |
|
|
|
|
DISCOUNT RATE % |
|
|
DISCOUNT % (Credit and
Debit)
|
1.49%
|
|
|
|
OTHER
FEES |
|
|
TRANSACTION FEE |
15¢ |
|
MID
QUALIFIED |
.8% |
|
NON
QUALIFIED |
.8% |
|
BATCH
HEADER FEE |
0¢
|
|
ADDRESS
VERIFICATION |
optional |
|
MONTHLY STATEMENT
(or view statement online) (no statement fee for
$10,000+ in volume) |
$5 |
|
ACCOUNT
VIEWING ON INTERNET |
optional |
|
MONTHLY
MINIMUM (no monthly minimum for $10,000+ in
volume) |
$25
|
|
GATEWAY FEE (wireless terminal or virtual terminal
only) |
$15
|
|
|
|
* Above rates are determined by average
ticket, monthly volume
and products
and/or service you sell..
If You Need An Account, Contact Us.
The Electronic Avenue, Inc.
8551 Wehmeyer Road
Bentonville, AR 72712 |
 |
(888) 665-4431 Toll Free
(479) 855-2378 Local
(800) 846-0914 Fax | |
