August 2006 Merchant Processing Rates

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.

MerchantPlus offers same-day setup for online merchants, featuring Authorize.Net at lower prices than the competition, without hidden fees and charges. MerchantPlus charges a Visa/MasterCard Discount Rate of 2.29%, a per transaction fee of $0.25, a statement fee of $9.95, and internet gateway fee of $7.95 with the choice of either Authorize.net or NaviGate, and a $0.05 fee for each gateway transaction—the first 250 each month are free.

Capital Merchant Solutions, Inc charges its online merchant clients Discount Rates of 2.19%, a per transaction fee of $0.25, a Internet Gateway fee of $15.95, and a $9.95 statement fee. There are no setup fees, programming fees, nor any Authorize.net licensing fee.

Card Service International (CSI) offers small and midsize businesses accounts that allow them to accept credit cards. Via the internet, Credit Card Rates are 2.19%, per transaction fees are $0.25, Linkpoint Gateway fees are $20.00, Customer Service fees are $10.00, with a monthly minimum of $25.00. CSI charges no setup fee, nor an annual fee, and many services such as online shopping cart setup are included free of charge.

North American Bancard is a registered Merchant Service Provider for HSBC Bank, and charges aVisa/MasterCard Qualified Rate as low as 2.19%, a per transaction fee of just $0.19, and a monthly service fee of $10. If they can't beat your current credit card processing rates, they'll give you $500.

Advanced Merchant Service (AMS) does not require its online merchant clients to enter a contract of any minimum length, and offers free equipment, supplies, and a free online Gateway. Discount Rates are 2.19%, transaction fees are $0.25, Linkpoint Gateway fees are $20.00, statement fees are $8.00, with a monthly minimum of $15.00. Twenty-four hour tech support is also free.