|
"Retail
Processing Fees"
Ask
about our Check Guarantee, ATMs, Loadable Debit Cards,
Gift/Loyalty Cards, ACH Programs, and other added value
programs!
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.
|
SERVICE DESCRIPTIONS |
Retail
Payment
Processing |
|
APPLICATION
FEE |
$0 |
|
SETUP
FEE |
$0 |
|
PROGRAMMING
FEE |
$0 |
|
MONTHLY
MAINTENANCE FEE |
$0 |
|
AMERICAN
EXPRESS SETUP |
$0 |
|
|
|
|
*
DISCOUNT RATE % |
|
|
Qualified % (Credit and Debit)
|
1.49%
|
|
|
|
|
|
OTHER
FEES |
|
|
TRANSACTION
FEE SWIPING |
15¢ |
|
TRANSACTION
FEE NON-SWIPING |
15¢
|
|
MID
QUALIFIED |
.80% |
|
NON
QUALIFIED |
.80% |
|
BATCH
HEADER FEE |
0¢
|
|
ADDRESS
VERIFICATION |
optional |
|
MONTHLY STATEMENT
(or
view statement online) |
$5 |
|
ACCOUNT
VIEWING ON INTERNET |
optional |
|
MONTHLY
MINIMUM (no monthly minimum for $2,000+ in
volume) |
$25
|
|
|
|
* Above rates are determined by average
ticket, monthly volume
and products
and/or service you sell..
If you would call us we can help you put your fees and our fees in the calculator for the correct areas right on the phone. This way you can see instantly what the savings would be processing with us. (888) 665-4431
Click Here to Calculate Your Fee with Us.
If you have questions we will be happy to discuss them with you, 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 | |
