No Early Termination Fees, Setup Fees, Annual Fees or Programing Fees!!!
MOTO (Key Entered or Ecommerce)
Monthly Statement Fee $5
Card Not Present Rate 2.19%
Check or Debit Cards 1.85%
Transaction Fee $0.25
Monthly Minimum $0.00
No Early Termination Fees, Setup Fees, Annual Fees or Programing Fees!!!
The merchant account application breakdown
Every merchant account application consists of 4 main sections; the business information section, how you do business, merchant account fees, and the signature section. The Merchant Account Fee section is more commonly the most complicated section and is the most important to you, the merchant.
The merchant account fee section is a web of numbers and abbreviations that can confuse even the most technically savvy contract reader. The Electronic Payments application used by Bottom Line Processing is the exception to the complex application rule. While most companies disguise their fees by giving them different names or confuse you with surcharge pricing structures for different downgrades. Electronic Payments writes it out in plain english not as a surcharge where you have to know to add it to your qualified rate so you see what you’re really paying. Electronic Payments also offers several pricing options from two tiered rate plans to four tiers with the fourth tier being for debit cards which breaking them out separately can save you money whether it’s pin based or swiped. They also offer interchange plus pricing which is really the easiest way to save money and lower what you are paying to process your credit cards.
Get all merchant rate quotes in the same format
Interchange is the largest component of your discount rate pricing. Visa and MasterCard publish their Interchange rates so you can monitor these costs. The transparency of Interchange with a mark up to cover the service delivery costs of network communications, risk management, customer service, account funding and reporting is your best pricing method. Identifying merchant service providers that simply pass through Interchange will make it easier to compare rate quotes.
Visa & MasterCard now publish their Interchange on their web site.
Small and mid-sized businesses must insist on an Interchange pricing method just as the largest merchants already pay to get the best bottom line processing costs.
If you want honesty and integrity from a processing partner you can trust give us a call at 941-822-2660.