Fees and Hidden Fees
All Processors have certain Hard Costs associated with Processing Credit Cards. These include:
Interchange (The fees paid to the Cardholder's Issuing Bank).
Assessments (Dues paid to Visa and MasterCard).
Network Charges (For Authorizing, Processing, Settlement, Reporting).
Revenue to The Processing Bank and Sales/Service Outlet. Our Distribution and Service Model allows us to eliminate many of the Hidden Fees associated with many Credit Card Processors.
Hidden Fees vary by Processor, Network, Bank and Sales Organization.
Some common Hidden Fees include:
1. Additional Transaction Fees for Check Cards.
2. Excessive charges for Corporate Cards and Manual Entry.
3. Transaction Fees for American Express.
4. Additional Charges for 800 Number dialing.
5. Batch Header Fees. (Fee to send money to the bank.)
6. Excessive Transaction Fees or Discount Percentage.
7. Other Fees unique to particular processors may also apply.
Since Merchants are referred to POS Card Processing through their POS Provider or a satisfied Merchant, you can be confident you will receive a Quote and Evaluation with Full Disclosure of Pricing and Fees. The amount of savings and Hidden Fees can only be determined by analyzing your current Statement.
New Merchants can be confident that we will provide Excellent Rates with No Surprises.
For a Free Analysis of your Current Processing, Fax a monthly Visa/MasterCard processing statement to:
POS Card Processing c/o Rate Analysis
1-877-FAX-VISA (Toll Free Fax)
or call 1-888-245-7546 to arrange your Free Analysis.
or email us at info.2007@poscardprocessing.com