Cheapest Rates for Merchant Services

Our company specializes in offering some of the most competitive rates in the industry. Rates as low as 1.09% for Swiped Merchants and 1.79% for Keyed Merchants. Please keep in mind our rates and fees depend on the type of business you have, how long your been a business, new or established, or high risk. High risk merchants will usually pay rates anywhere from 2 to 4% depending on the business type. Offshore solutions may be even higher. So rates will vary depending on if you are swiping cards or keying cards, which card types you are accepting, and more.

It is important to understand that varying rates will be applied to your processing activity as a function of the type of card, the manner in which the card is processed, and your adherence to required processing rules. To minimize your costs, it is in your best interests to ensure that you and your employees follow the procedures described in your Welcome Booklet and in the training we provide at the time we activate your account. Keep in mind that merchant processors need to have some revenue and profits to service your account and provide customer services if rates are too low you may find quality of your merchant processing services lacking. Dont necessary look at the lowest rate, look at the monthly fees and also look at our honest and straightforward approach to your business. Below our rate examples that most small businesses will fall under.

Discount Rates

Below are some example discount rate that many companies and small businesses will fall under. Keep in mind if you are a high risk business or you have bad credit, you rates will be a bit higher but still competitive. If you are a new business, your rates may be a bit higher also. Established businesses with an established history of processing will naturally have the most competitive rates available to them.

Swiped Transactions:

Swiped Qualified Rate:

  • swiped qualified rates can range from 1.70%-1.99%
  • standard personal credit card
  • must be swiped
  • transaction batched/settled within 24 hrs

Swiped Mid-Qualified Rate:

  • mid qualified downgrades range from 1%-1.5% and are added to the qualified rate. (ex. if your qualified rate is 1.80% and your mid qualified rate is 1.25% your total rate would be 3.05%)
  • card is manually entered or “keyed” with billing address (AVS)
  • personal rewards cards
Keyed Transactions:

Swiped Qualified Rate:

  • keyed qualified rates can range from 2.20%-2.50%.
  • standard personal credit card
  • billing address provided for address verification (AVS)
  • transactions are batched/settled within 24 hrs

Swiped Mid-Qualified Rate:

  • non qualified downgrades can range from 1.50%-1.99% and are added to the keyed qualified rate. (ex. If your qualified rate is 2.30% and the non qualified rate is 1.90% your total rate is 4.20%)
  • billing address not provided for address verification (AVS)
  • transactions not batched/settled within 24 hrs
  • authorization code is manually keyed (forced Authorization)
  • card type (corporate, government, international, and personal rewards cards)
Internet / Ecommerce:

Qualified Rate:

  • Moto / Internet merchant rates can range from 2.00%-2.99%
  • Standard personal credit card
  • Card Not Present
  • Transaction batched/settled within 2-3 business days

Mid-Qualified Rate:

  • Mid qualified downgrades range from 1%-1.5% and are added to the qualified rate. (ex. if your qualified rate is 2.00% and your mid qualified rate is 1.25% your total rate would be 3.25%)
  • Card is processed without with billing address (AVS)
  • Personal rewards cards / Business Credit Cards
High Risk Merchant Rates:

Qualified Rate:

  • High Risk Merchant Rate can range from 2.50%-3.95%
  • Standard personal credit card
  • Card Not Present
  • 5-10% Rolling Reserve may be needed.
  • Rates vary by Business Type
  • Batch & settled within 2-3 business days

Mid-Qualified Rate:

  • Mid qualified downgrades range from 1%-1.5% and are added to the qualified rate. (ex. if your qualified rate is 3.00% and your mid qualified rate is 1.25% your total rate would be 4.25%)
  • Card is processed without with billing address (AVS)
  • Personal rewards cards / Business Credit Cards
Offshore Processor Rates:

Qualified Rate:

  • Offshore Processing Rates can range from 3%-10%
  • May take a month or more to setup
  • Card Not Present
  • 5-10% Rolling Reserve may be needed.
  • Rates vary by Business Type
  • Batch & settlement times vary