Site Last Updated 02/03/2012
Rates & Fees
Mail Order/Phone Order/Service Order
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- Gateway Fees apply to Virtual Terminal Only
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
| 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)
TESTIMONIALS
Aamco Transmissions
I am writing to thank you for your service and assistance in saving my business. I was absolutely impressed with the professionalism you displayed was as pain free as possible for me More...
Minor Family Auto
Merchant Advisors was extremely easy to work with and our representative stayed in constant contact with us through the entire application process. More...
