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Merchant
Bank Processing Fees - Explained
What is a Merchant Bank?
The bank that actually sets up
your New Merchant ID Account Number is known as the Merchant Bank.
Do Merchant Banks charge
for this service?
Merchant Banks charge
processing fees to handle transactions for Merchant Account holders.
Those fees are listed below...Note!
- Merchant Bank Percentage and related Fees sometimes change, and therefore
the below fees have been listed as a guide only.
Merchant Bank Application and Processing
Fees:
Set Up/Application Fee: - $80 - You do not pay
a dime, until you are approved!
Discount Rate - 2.35 Percent
Per/Transaction Fee - .28 cents
Monthly Statement Fee - $10
Click to
Apply for your Merchant ID#
Questions? Contact
Us Anytime!