Merchant Credit Card

MERCHANT CREDIT CARD PROCESSING FEES

(For U.S. Businesses)

Merchants are required to pay credit card processing fees in order to accept credit card payments from their customers. These fees include:

Interchange fees

These are the fees that the credit card issuer (such as Visa, Mastercard, or American Express) charges for each transaction. Interchange fees are based on the credit card brand, the type of transaction (such as online or in-store), and the merchant category code (MCC), which is a four-digit number that classifies the type of business. Interchange fees typically range from 1.15% + $0.05 to 2.50% + $0.10 per transaction.

Assessment fees

These are the fees that the credit card network (such as Visa, Mastercard, or Discover) charges for each transaction. Assessment fees are based on the monthly sales volume of the merchant and are usually fixed at 0.14% to 0.17% per transaction.

Processing fees

These are the fees that the payment processor (such as PayPal, Square, or Stripe) charges for each transaction. Processing fees cover the cost of facilitating the transaction, providing customer service, and maintaining security standards. Processing fees can vary depending on the payment processor and the plan that the merchant chooses. Processing fees can include monthly fees, per-transaction fees, equipment lease fees, and statement fees.

The average credit card processing fees for merchants range from 1.3% to 3.5% of each transaction, depending on the factors mentioned above.

The Issuing Bank Fees is 50-80% of the bill – Referred to as “Interchange”

The Card Association Fees is 0.14%-0.165% Basis points

The fees charged by payment processors can be confusing for merchants as some processors may not be transparent about their fees. However, it's important to note that these fees are negotiable.

22%+ Average Savings (No Cost, No Risk)

Reduce Your Merchant Processing Fee

At present, thousands of companies process payments via QB Enterprise or Premier.

Our technology can reduce your merchant processing fees from 22% to almost 100%! We have found that merchants, corporations, and government agencies accepting credit card payments are paying too much on their interchange.

We aim to help you understand your merchant statement fees, where the fees go, and how much your mark-up is above your account cost.

We can provide you with a merchant account directly with an acquirer/processor, eliminating any third-party gateway, with no middleman.

We deliver overall savings and virtually unlimited options without compromising the highest quality service your business deserves.

Some Clients Served

Social Security Administration, Jelly Belly, J&J, Centric Group, The Pampered Chef, DOW, Zebra Technologies, AmeriGas, GE, PPG, Avery Dennison, Hoover, and thousands of other organizations.

Our Merchant Solution is proven effective, profitable, and unique over almost 20 years consistently serving clients!

Client stories

Client Challenges and Needs

Fuel Wholesale Company: Client paying 3.42% in processing card transactions and the system they were using did not store customers data

Solution provided: We provided them with a new rate of 2.16%, saving them an average of $2,000 per month. We provided them with a tokenized customer vault, an invoicing system that sends invoices for click-n-pay, and a link on their website to reduce incoming payment calls.

Quickbook User: Client paying 3.61% with Quickbook

Solution provided: Our new rate 2.28% and saving achieved 36%

We did all of this at no cost to the merchant!

Business graph with arrow showing profits and gains

MERCHANT SOLUTION

By understanding how the merchant processes their transactions and focusing on interchange optimization, we help companies realize savings by qualifying at the best possible rates. Our expertise in payment processing allows you to focus on growing your business while we handle the details. With a client retention rate of 90%+, we are committed to providing excellent service and helping your business thrive.

HASSLE-FREE PROCESS

Simply send us a PDF copy of your recent merchant credit card statements (all pages) for Visa, MC, Disc, and Amex merchants. It'll only take 5 minutes!
15-minute call to discuss the savings we can provide after reviewing your merchant credit card statements.
10-minute call to sign our new month-to-month, guaranteed savings application, which can be done over the phone and electronically.
Lastly, we will allocate 30 minutes to reprogram your credit card terminal and provide training on how to connect to our services. This can be handled by an IT person or an Accounts Receivable employee.

Merchant Credit Card