NO UPFRONT FEES!
You will not be charged for your equipment until your merchant account is approved.
(Merchant accounts are normally setup within 48 hours!) You will be able to accept credit cards right out of the box!
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Click Button To Instantly Connect to a First Data Independent Sales agent via phone now!
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WIRELESS PROCESSING - RATES AND FEES |
Service rates associated with wireless credit card machines.
(Card swiped though machine) |
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Wireless Merchant Account |
Industry Standard |
FDIS
RATES |
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Application Fees |
$95 - $195 |
FREE |
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American Express Setup |
$25 - $50 |
FREE |
Discount Rates:
Visa®/MasterCard®
& Discover Network®Cards |
1.89%+ |
"Much Lower" |
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Transaction Fees |
.40¢ - 50¢ Each |
.35¢ |
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Monthly Customer Service Fee |
$12 - $49 |
$10 |
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Monthly Wireless Access Fee |
$35 - $49 |
$25 |
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Monthly Wireless Account Fees |
$35 - $49 |
$5.95 - $25
(Varies with equipment used) |
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Credit Restrictions |
Very Strict |
Easy and Fast
Approvals |
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Monthly Statement Readability |
Difficult to Decipher
(Separate Statements for Discover and American
Express) |
Easy to Read Statement
One Statement for Visa/MC/Discover
(No hidden Fees) |
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Merchant accounts provided by
First Data Independent Sales® dba Cardservice International, a wholly owned subsidiary of First Data Corporation (NYSE:FDC);
an industry leader in credit card processing for traditional, mobile wireless
and Internet businesses. All fees are disclosed in the service agreement.
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Credit Card Processing Glossary Of Terms
All credit card processing companies charge the types of fees shown above.
Below are definitions of commonly associated with merchant accounts and credit card processing.
Discount Rate
The discount rate is a percentage fee that is charged on each credit card transaction. Depending upon which credit card is used the discount rate goes to Visa,
MasterCard, American Express, Discover and your credit card processor.
Transaction Fee
A transaction fee is charged each time a credit card processing transaction is made.
Monthly Customer Service Fee
A fee charged to maintain your account and provide merchants with access to customer service.
Payment Gateway
With a secure gateway you are able to pass your customer's credit card processing information securely to the credit card processing company for authorization
and approval.
Internet accounts, ecommerce shopping carts, wireless terminals all use payment gateways. These payment gateways provide a secure link from your website,
wireless device or custom ecommerce solution to the credit card processing company so that you can pass your customer's credit card processing information securely
to the credit card processing company. Before approval of a transaction the credit card processing company's may run different fraud checks to help reduce merchant
losses.
"Make sure when you are quoted prices that you are getting a quote for both the merchant account and internet or wireless gateway as you will need both to
accept credit cards online or via a wireless credit card machine."
(We have no hidden fees.) After you place an online order for equipment you will receive a free rate quote
and a detected account manager that can answer any questions you may have. We will not charge you, or ship
any equipment ordered until you approve and accept the First Data Independent Sales merchant account service
agreement. With our Rapid Online Application (ROLA), you submit your online merchant account application into the
system for the fastest* approval on your application. Once approved your equipment will be activated and
shipped to you. We handle the complete merchant account setup and equipment activation. You, just open
the box and start accepting credit cards!
Wireless Access Fee
Monthly fee which applies to merchants with a wireless credit card terminal. It gives you access to a wireless provider for running your credit card
processing transactions.
Monthly Minimum
Charged to merchants with no activity on their accounts. Charged monthly by credit card processing companies. Prorated (reduced) for merchants with low activity, "low
processing volumes."
* Programming, activation and shipping charges may apply
on equipment orders.
First Data Independent Sales (FDIS) is a leading wireless transaction service provider, offering a complete range of
wireless credit card processing solutions as well as traditional and Internet consumer payment options.
Businesses such as mobile merchants (e.g., taxi drivers and limousine services) retailers, even restaurants can benefit from
the new wireless processing technology. Mobile retailers no longer need to rent expensive phone lines while at trade shows and flea markets.
All our products are out of the box solutions including everything you need to start
processing right away. "When shopping for a wireless or internet merchant account make sure when you are quoted prices that you are getting a quote on both the merchant
account and wireless or internet payment gateway as you will need both to accept credit cards online"
* Programming, activation and shipping charges may apply on equipment orders. |