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Internet Business - Accept Credit Cards

To be able to successfully process web-based transactions in real-time, your business will require an Internet Merchant Account setup to ensure you can recognize and accept credit card processing transactions. In the view of the fact that web-based transactions are efficiently and meticulously 'keyed' via a computer keyboard into a website by the customer when they complete their checkout, and does not perform the traditional swiping like they would in a retail store – rates and fees, however, for web-based transactions on an Internet merchant account are equal to a keyed account, where typical transactions are keyed into a terminal machine.

There are many other merchant account providers that will try to charge you higher rates on an Internet merchant account than a standard keyed account; however, there should be no difference between the two types. With our company, we do not charge any extra fees for online internet transactions versus keyed processed transactions.

Online Internet Rates
  OUR RATES Industry Averages
Discount Rate 2.19% 2.49% - 2.95%
Transaction Fee $0.00 $0.19 - $0.50
Statement Fee $10.00 $10 - $15
Authorization Fee $0.25 $0.19 - $0.50
Annual Fee $0.00 $50 - $99
Monthly Maintenance Fee $0.00 $5 - $30
Customer Service Fee $0.00 $5 - $20
Application Fee $0.00 $75 - $120
Setup and Activation Fee $0.00 $50 - $100
Terminal Programming Fee $0.00 $50 - $100
Internet Gateway Fee $19.99 $25 - $45
 
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Merchant Service Group, LLC, a registered ISO/MSP of Wells Fargo Bank, NA Walnut Creek, California
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