Credit Card Processing Service

Understanding Credit Card Processing Service Offerings and Fees

When you are about to choose a credit card processing service, you have to be sure that you fully understand the fees and credit card processing rates. Credit card processing services vary and depend greatly on the type of processing you are looking for, the company offering the credit card processing services, and the features associated with your merchant account services. There are different fees that affect how much you will pay to get your services up and running too.

You can anticipate an application fee in some instances when you apply for your first credit card processing account through a merchant. The fee for the application is usually minimal, it is non refundable and it is charged so that your application can be processed. Meanwhile, some credit card processing service offerings are associated with an annual or yearly fee; this membership fee is paid for by business owners that want to be able to accept certain types of industry credit cards.

If you are using your credit card processing services online you might face a fee for the initial payment gateway set up too. The merchant account provider will charge you a fee so that your payment portal can be activated. You will also be responsible for the costs associated with gateway access as well; this will ensure that your payments are processed through an encrypted and protected environment. Some merchant account providers attach a separate fee onto your monthly costs of service while other providers may integrate the fee into what you are paying in a given month. As a business owner availing yourself of merchant account services you may also face cancellation costs, the costs associated with fixed transactions, and the charges for access to your monthly statement as well.



Name of Business: *
Owner or Contact Person Name:*
Email Address:*
Telephone Number:*
FAX Number:
Do you want us to email or FAX you the application: Email     FAX
Website Address (if any):
Type of Account:
Do you currently accept credit cards?
Estimated Sales per Month:
Owner Personal Credit:
Additional Information: