| SERVICE |
OLD INDUSTRY
STANDARD |
NEW INDUSTRY STANDARD |
| Customer
Support |
8am-8pm/Mon-Fri
|
24 hrs/day
7 days/week |
| Credit
Restrictions |
Very
Strict |
High
Approval |
| Fully
featured multi-currency Shopping Cart with inventory |
$50 - $795 |
Free
|
| Recurring
Billing |
$50 - $475
$15 -$50 Monthly |
FREE |
| Application
Fee |
$ 90 - $
195 |
FREE |
| Secure
Server |
$10 - $50
per month |
FREE |
| Fraud
Screening |
$50 - $200
Set Up
$.20 - $1.00 Per Transaction |
FREE |
| American
Express Setup |
$ 50 - $
75 |
FREE |
| Check
Processing Set Up |
$100 -
$250 |
FREE |
| Multi-User
Sub Accounts |
Set Up $50
- $150
$10 - $50 Per Month |
FREE |
| Address
Verification Fee |
$.05 -
$.10 Per Transaction |
FREE |
| Batch
Processing |
$50 -$250
Set Up
$.05 - $.10 Per Transaction |
FREE |
| Monthly
Statement Fee |
$10 - $15
Per Month |
$9.95 Per
Month Retail |
| Swiped
Rate |
1.79% -
2.2%
$.20 - $.30 Per Transaction |
1.75%
$.25 Per Transaction |
| Internet
Processing Rate |
2.29% -
2.95%
$.30 - $.35 Per Transaction |
2.25%
$.29 Per Transaction |
| Mail/Phone
Order Rate |
2.29% -
2.95%
$.30 - $.35 Per Transaction |
2.25%
$.29 Per Transaction |
| Secure
Gateway |
$20 - $495
Setup Fee
$.10 - $.50 Per Transaction
$10 - $30 Per Month |
$49 One
Time
$.10 Per Transaction
$10 Per Month |
| Approval
Time |
2 - 3
weeks |
1 - 2 days
|
| |
|
|
| MOTO=Mail/Telephone
Order, UNSWIPED=credit card not present, AVS=Address Verification System
|
The
minimum monthly charge a merchant must pay in Transaction Fees and
Discount Rate Fees is $20. American Express & Discover quote their
own rates and are approved separately from Visa and MasterCard rates.
Accounts with no application fee
|