Merchant Advisors is a BBB Accredited Business. Click for the BBB Business Review of this Financial Services in Essex CT
Online Check Banners

Apply Now

24 HOUR APPROVAL
LOW RATES - FUNDING IN DAYS!

We value your privacy. Your information is safe and secure.

MOBILE / WIRELESS

Mail Order/Phone Order/Service Order

Application Fee $0.00
Set Up Fee $0.00
QuickCommerce- Virtual Terminal FREE
Address Verification Fee $0.10
Visa/MasterCard Credit Discount Rate* 2.09%/$0.19
Statement Fee $8.95
Monthly Minimum $25.00
Monthly Gateway Fee $14.95
Gateway -Transaction Fee(1st 250 transactions-FREE) $0.05
Annual Fee $0.00
Batch Header Fee $0.30
Cancellation Fees NONE
Contract Term Month to Month
American Express & Discover Set Up Free
American Express Rate: See Chart Below
Discover Rate 2.19%/$.25
Downgrades: See explanation

Gateway Fees apply to Virtual Terminal Only

American Express Rates

American Express Rates

Monthly Volume Fee
$0-$4999 $5.00/month
$5,000+ 3.50%

Applies to Mail/Phone/Service & Home-Based Merchants

Discover Rates

Discover Rates

Discount Rate 2.19%
Transaction Fee $0.19

Explanation of Fees

Visa/MC Discount Rate The percentage rate assessed on the sales processed through your merchant account.

Statement Fee Included in your statement fee is your unlimited access to 24/7 merchant support to assist you with any questions you may have regarding support of your equipment, processing and billing questions. Additionally, a paper statement is mailed to you on a monthly basis detailing all your credit card processing activity for the prior month.

Monthly Minimum A monthly minimum is the total amount of discount and transaction fees assessed to your account. You are billed only for your monthly minimum or your total fees that are assessed, whichever is greater.

Contract Term We currently have no contract term for our Free terminal program. You are free to process on a month to month basis and cancel anytime with written notice.

Batch Header Fee A fee assessed to electronically submit an accumulation or “batch” of authorized transactions for settlement and merchant funding.

Downgrades Non-qualified Surcharges also known as “downgrades” are a result of transactions that are assessed higher fees from Visa and MasterCard and are passed on to the merchant. Some non-qualified surcharges occur on specific cards (i.e. Visa Signature Card, Visa Infinite Card, MasterCard World Card, and “foreign” cards issued outside the United States ) as well as commercial cards such as Fleet Cards, Corporate Cards, GSA cards and Purchase Cards. A transaction can also be classified as non qualified if it does not contain all the attributes of a qualified transaction (i.e. batching out the same day a transaction was authorized, key entering a swipe transaction)

* Limitations Apply (0.0010 Visa/MasterCard assessment fee applies)

Apply Now
Small Business Financing Solutions Accept Checks

Industry News

business loan repayment

28. March 2017 / Small Business Resources

Tips To Budget Your Business Loan Repayments

At the background of every successful small business, there is a stringent and properly planned business, and at the back of every developing small business is an established plan to budget your small

big banks partner with alternative lenders

22. March 2017 / Small Business Resources

Big Banks and Alternative Lenders are Joining Up

Alternative lenders are increasingly becoming a big threat to big banks. With affordable interest rates, more flexible repayment terms, no collateral requirement and generally more pleasurable experie

raise business capital

21. March 2017 / Small Business Resources

5 Realistic Ways To Raise Capital For Your Business

Small businesses don’t have to expand quickly, even though they wish to expand, as inactiveness is one small step away from contraction. They normally work in less aggressive market and don’t have