"Retail Processing Fees"

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Retail Merchants in the Merchant Account Industry are not necessarily any merchant with a store front. The term "Retail Merchant" actually means any business that will accept a credit card by swiping it through a terminal, POS System or any other hardware that contains a magnetic swipe reader , (MSR). Even a limousine service or pizza delivery services can be a retail merchant. Also, the amazing fact is that now with the proper equipment and technology any merchant can be a retail merchant.

The definition of a Retail Merchant is important in the credit card processing industry. The fees are usually much lower than any other type of payment processing business. If a merchant does not swipe the cards then those transactions are down graded to a Mid-Qualified rate. With the chart below you should notice this fact.

*Above rates are determined by average ticket, monthly volume
and products and/or service you sell..

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