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about credit card processing.
Let's
stick to the basics for now. There are always two fees that
you pay to accept credit cards; the discount rate and the
swipe or transaction fee. The discount rate is a percentage
of all your monthly credit card volume. The swipe fee is a
flat rate you pay for each transaction regardless of the dollar
amount. Other fees you may have include statement fees, maintenance
fees, warranty fees, and miscellaneous fees. For many companies
these fees can easily exceed $50/month and setup or application
fees up to $300. With Discount Merchant Services, we have
reduced your cost to a very minimal $6 per month for retail
merchants and $8 per month for MOTO/Internet merchants. There
are no setup, application or other upfront fees. Here is a
break-down of our rates and fees:
| |
Retail |
MOTO/Internet |
| Discount Rate |
1.55% |
2.25% |
| Swipe Fee |
.25¢ |
.30¢ |
| Statement Fee |
6$/month |
8$/month |
| Setup Fee |
Free |
Free |
These
discounted rates can save you hundreds or even thousands of
dollars every year. On average a merchant saves about $150/month
by switching to our service, but you may save much more. To
see exactly how much you will save, fill out a comparison
form. Otherwise, click here.
|