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Merchant Payment Processors

August 2006 Merchant Processing Rates in: Merchant Payment Processors

PayPal, the industry leader in merchant payment processing, charges no monthly fees, setup fees or cancellation fees. Their transaction fees range from 1.9% to 2.9%, plus $0.30. There's no lengthy approval process, and no shopping cart is necessary for retailers to begin accepting payments. Shoppers don't even need a PayPal account.

Paynet Systems, Inc, a registered Merchant Service Provider of Wells Fargo, serves all business categories, from retail to wholesale, mail order, and E-Commerce businesses, and accepts every form of payment available. Paynet Systems charges a Visa/MasterCard Qualified Rate of 2.19%, a per transaction fee of $0.25, and a monthly service fee of $5. There are no cancellation fees, nor an annual membership fee. Call 1-800-809-1989 for details.

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