|
"Wireless Processing Fees"
Ask
about our Check Guarantee, ATMs, Loadable Debit Cards,
Gift/Loyalty Cards, ACH Programs, and other added value
programs!
The fees associated with wireless
processing is pretty much like a mobile merchant and most of
the time that is the type of business that needs to process
wireless transactions. There are several wireless and portable
terminals available. Cell phone processing is
also and option.
If the cell phone is chosen as a processing medium then a MSR and
printer combination unit will need to be purchased to keep the
transaction into the Qualified rate schedule. If you do not purchase
the MSR and printer combination then
you still may be able to
process credit cards with a virtual terminal and supplying the
security code from the back of the MasterCard and Visa credit
cards.
|
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. |
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
FEES |
Wireless
Payment
Processing |
|
APPLICATION
FEE |
$0 |
|
SETUP
FEE |
$0 |
|
PROGRAMMING
FEE |
$0 |
|
MONTHLY
MAINTENANCE FEE |
$0 |
|
AMERICAN
EXPRESS SETUP |
$0 |
|
|
|
|
*
3 DISCOUNT RATE % PLANS |
|
|
COST PLUS % (Qualified
Rate)
|
.30%
|
|
3 TIER DISCOUNT % (Qualified
Rate)
|
1.49%
|
|
BUNDLED RATE (no transaction fee) (Qualified Rate)
|
2.10%
|
|
|
|
OTHER
FEES |
|
|
TRANSACTION
FEE SWIPING |
19¢ |
|
TRANSACTION
FEE NON-SWIPING |
22¢
|
|
MID
QUALIFIED |
.5% |
|
NON
QUALIFIED |
1.0% |
|
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) |
$15
|
|
|
|
* 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 would like more information contact us. We will be happy to help.
The Electronic Avenue, Inc.
8551 Wehmeyer Road
Bentonville, AR 72712 |
 |
(888) 665-4431 Toll Free
(479) 855-2378 Local
(800) 846-0914 Fax | | 
