There are so many Credit Card Processors in the world of credit card processing and merchant accounts. Information is key and we here at InfoMerchant like to provide the public about things to look for when accepting credit cards. There are different directions the merchant has to be aware of and being able to explain this to the processing company will help you become confident in your decision. These are a few things to look for when applying for a Merchant Account. | |||||||
| Merchant Account Provider | Real-Time Solution Price | Gateway Fee | Statement Fee | Monthly Minimum | Discount Rate | Transaction Fee | Tech. Support Fee |
| Fasttransact (Our Choice) | $0.00 (if u have a terminal) | $29.95 premier gateway | $9.95 | $15.00 | 1.55% on up | $0.28 | $0.00 |
| ECHO-Inc. | Fee not disclosed | Fee not disclosed | Fee not disclosed | Fee not disclosed | Fee not disclosed | Fee not disclosed | Fee not disclosed |
| Total Merchant Services | $299 | $10/month | $10/month | $25/month | 2.40% | $0.35 | Fee not disclosed |
| Charge.com Merchant Services | $195 | $15/month | $10/month | $25/month | 2.35% | $0.30 | $0/month |
| CardService Intl. CardNetCo | $499 | $30/month | $10/month | $15/month | 2.35% | $0.25 | $0/month |
| Discover Merchant Services | $49.95 Reseller of First data | $19.95/month Authorize.net or Verisign | $5.00/month | Fee not disclosed | 2.31% + 1.25 Intl. | $0.13 (Rates vary) +Interchange | Fee not disclosed $12 chargeback fee |
| Merchant Accounts Express | $179 | $14.95/month | $9.95/month | $25/month | 2.29% | $0.30 | Fee not disclosed |
| Her Merchant Account | $169 | $10/month | Fee not disclosed | Fee not disclosed | 2.19% (Rates vary) | $0.23 | Fee not disclosed |
| Costco Merchant Services | $174.99 w/cart | Reseller for Nova (Call for Quote) | $5.95 | Reseller of Nova (Call for Quote) | 2.01% (Rates vary) | $0.38 | $9.99 (Shopping Cart Fee) |
| Nova Information Services | $394 | $0/month | $6/month | $30/month | 2.17% (Rates vary) | $0.30 | $10/month |
| Verisign Pay Flow Pro | $249 (Limit 1000 transactions then 10 cents per) | Fee not disclosed | Fee not disclosed | Fee not disclosed | Fee not disclosed | Fee not disclosed | $59.95/mo |
| Wells Fargo | $99 | Fee not disclosed | Fee not disclosed | Fee not disclosed | 2.35% | $0.30 | $39/month |
| Online Data Corp | Fee not disclosed | $19.95/month | $10/month | $25/month | 2.29% | $0.30 | Fee not disclosed |
| 1st American Card Service | $359 | Fee not disclosed | $9/month | $20/month | 2.30% | $0.30 | $0/month |
| Jaguar PC | Fee not disclosed | $10/month | $10/month | Fee not disclosed | 2.29% | $0.35 | Fee not disclosed |
| Bank Card Solutions | $345 | $20/month | $10/month | Fee not disclosed | 1.99% (Rates vary) | $0.35 | Fee not disclosed ($25 annual fee) |
| EZ Merchant Accounts | $149 | $15/month | $5/month | $25/month | 2.25% (Rates vary) | $0.30 | Fee not disclosed |
| WorldPay | $399 | Fee not disclosed | Fee not disclosed | $50/month | 3.25% (Rates vary) | $0.40 | $50/month |
| Global Payments | Fee not disclosed | Fee not disclosed | Fee not disclosed | $15/month | 2.29% | $0.30 | $49.95/month + $15 chargeback fee |
| DPI Merchant Services | $50 | $29.95/month | $10/month | Fee not disclosed | 2.35% | $0.30 | Fee not disclosed |
| AIS Media | $595 | $15/month | $10/month | $25/month | 2.29% | $0.30 | Fee not disclosed |
| Associated Merchant Services | Fee not disclosed | $15/month | $10/month | $10/month | 2.28% (Rates vary) | $0.45 | Fee not disclosed Annual fee $29 |
| IPaySecure | $295.95 | $49.95/mo Cart incl. | $10/month | $0/month | 2.25% (Rates vary) | $0.30 | Fee not disclosed |
| Unified Merchant Services | $49.95 | Fee not disclosed | $10/month | Fee not disclosed | 2.39% | $0.29 | Fee not disclosed |
| Priority Merchant Services | $150-498 | $19/month | $10/month | $10/month | 2.25 - 2.85% | $0.30 $25 Chargebk | Fee not disclosed. Annual fee $29 |
| Merchant- Systems IPayment | Fee not disclosed | $15/month | $10-12/mo | $10/month | 2.47% | $0.30 | Fee not disclosed. |
| Planet Payment (NetResult) | $175 | $25/month | Fee not disclosed. | Fee not disclosed. | 2.95% | $0.35 | Fee not disclosed. |
| Authorize.Net Resellers Typical Charges | $300-600 +App Fee | $25/month | $10/month | $25/month | 2.50% | $0.35 | Annual Fee sometimes applies. |
| PayPal* | None | None | None | None | 2.90% | $0.30 | None |
| 2Checkout* | $49 | None | None | None | 5.05% | $0.45 | None |
| I-Bill* | Fee not disclosed | Fee not disclosed | Fee not disclosed | Fee not disclosed | 15% | Fee not disclosed | Fee not disclosed |
| *Not a true merchant account. You process under their merchant account and not your own. | |||||||
| Active Update: October 10, 2002 | |||||||
| Note: To have your company added to this chart please contact: steven@infomerchant.net Note: There are many resellers for the companies listed above with additional charges. Tips DISCLAIMER: | |||||||
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