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e-onlinedata: Merchant Accounts
Rates and Fees
e-onlinedata guarantees that our Visa/MasterCard discount rates and
fees are among the most affordable in the industry. Many of our
competitors raise their rates after merchants sign up for an
account. At e-onlinedata we will GUARANTEE
OUR RATES IN WRITING. Our rates will remain the same except in the
unlikely case that Visa or MasterCard adjusts the Interchange*
base rate cost.
e-onlinedata merchant accounts
feature No Annual Fees & Gross Daily
Settlement.*
We also have No Cancellation Penalties,
virtually unique in our industry, provided you notify us in writing
prior to terminating your Merchant Agreement with us!!!
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| Discount
Rate for Internet, Mail Order, Auction: |
2.39% Visa/MasterCard
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| Transaction Fee: (no
additional AVS fees) |
$.25 per transaction
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| Statement Fee: includes
24/7 Customer Service |
$9.95 per month
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| Monthly Processing
Minimum: |
See below*
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| American
Express/Discover Card |
Quoted Separately
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| No Annual Fees, No
Batch Header Fees, No AVS Fees |
Not Applicable
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|
Application Fee
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FREE (for a
limited time only)
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*Monthly Processing Minimum: There is a
$25.00 Monthly Processing Minimum on every merchant account. This is
the minimum amount you must pay each month for your Visa/MasterCard
processing. The monthly minimum does not apply to monthly
fees, gateway fees or transaction fees.
Example: If your rate is 2.39% and you sell $1100
in goods or services during one month, your total Visa/MasterCard
processing fees would be $26.29 ($1100 x 2.39% = $26.29). This
amount is greater than the $25.00 monthly processing minimum, so
you do not have a minimum during this month.
*GROSS DAILY SETTLEMENT of Visa/MasterCard
sales is enjoyed by most e-onlinedata
merchants. This means 100% of your V/MC sales are
deposited directly into your checking account each business day,
making reconciliation of your checking account much easier. Only at
the end of each month are your processing and monthly fees
debited. NOTE: Some high risk merchants may receive NET DAILY
SETTLEMENT (where processing fees are debited before
deposit).
*Visa/MC INTERCHANGE is the fee associated
with exchange of transaction data between Acquiring and Issuing
institutions in accordance with the Visa and MasterCard bylaws and
rules. Interchange is the processing fee charged by
Visa and MasterCard to charge the cardholders and pay the merchants.
The interchange fee is actually paid to the bank that issued
the card while the merchant's bank is charged the interchange fee.
Merchant transactions are gathered for processing every night, these
transactions are routed to the cardholders to be charged, and
merchants are credited accordingly.
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e-onlinedata is a
registered ISO/MSP of HSBC Bank USA, National Association, Buffalo,
NY
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