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Merchant Fees & Application Form
(Scroll down for application form)
Merchant Fees
"Before you apply, compare
our prices to the rest! If you find cheaper, let us know
and we will match or better your current pricing!"
It's easy to start taking card payments with our help - we've kept fees to
a minimum, no up-front deposits, no minimum monthly volumes
and no additional bank processing fees.
No up-front "security" deposits/payments
Other internet merchant accounts require a deposit as security
for chargebacks. To make it easier for you to get started
with us, we do not require a lump sum deposit.
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Item |
Charities
&
Not-for-profit Merchants |
Standard Fees for Domestic Bank
Processing (Majority of Merchants) |
Offshore
Bank Processing Fees (Where we are unable to place Domestically) |
Security
Deposit |
N/A |
N/A |
N/A |
Trading
Cap |
N/A |
N/A |
N/A |
Monthly
Minimum |
N/A |
N/A |
N/A |
Annual
Fee |
N/A |
N/A |
N/A |
Reserve |
N/A |
Usually not applicable
(subject to assessment) |
subject to assessment
(usually 5% or less) |
One-off
setup fee |
WAIVED |
£49/€99/
$99 |
£49/€99/
$99 |
Merchant Service
Charge (Discount Rate) |
2.49% |
2.49% |
3.49% |
Debit Cards
(Discount Rate) |
30p/35c/40c per
transaction |
30p/35c/40c per
transaction |
3.49% |
Fraud Management
Fee |
20p/30c/40c per
transaction |
20p/30c/40c per
transaction |
20p/30c/40c per
transaction |
Payment Gateway
Fee |
WAIVED |
£14.99/€29.99/
$29.99
per month |
£14.99/€29.99/
$29.99
per month |
Payment
Frequency |
Daily (subject to
assessment) |
Daily (subject to
assessment) |
Weekly (subject to
assessment) |
Virtual
Terminal |
FREE |
FREE |
FREE |
Repeat Billing
Facility |
FREE |
FREE |
FREE |
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*All fees are charged to your internet merchant
account
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"If you are currently paying less than the above charges
we guarantee to better your existing pricing".
"Special limited period offers" not included i.e. Google's
"free until 2008" - just wait and see what they charge you
then!
To make it easier for you to start taking online payments,
we do not require a deposit. Even on "higher-risk" (future
delivery) products and services, Some Merchant Accounts
may require a minimal "Reserve" (a small percentage - usually
5% or less - of each payment processed on your internet
merchant account is reserved for X (maximum 6) months.
NOTE: "Adult" and "Dating" Merchants are subject
to additional "High Risk Registration Fees" from Visa ($500
per year) and MasterCard ($1000 per year). |
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