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Credit Card Processing Rates for a Storefront

The credit card processing rates quoted here applicable to a storefront business that accepts credit cards from customers in the store.  A high percentage of the credit card transactions are created by swiping the customer's credit or debit card through a credit card terminal.  The rates on this page are available to businesses that make application for a merchant account through this website only.  These rates meet the rate qualifications for a business to receive either "FREE for Use" Storefront equipment package 1, package 2, package 3, or package 4.
   
Rate Description Rate
   
Qualified or Card Present  1.80%
Mid-Qualified * 2.66%
Non-Qualified  or Card Not Present * 3.06%
  
The following are periodic and ongoing fees that can be incurred by a storefront merchant account:
         
Fee Description Fee
   
Credit Card Transaction fee $ 0.19
Debit Card Transaction fee ** $ 0.19
Address Verification fee $ 0.10
Batch Header fee $ 0.25
Voice Authorization fee $ 0.95
Monthly Minimum Discount fee $ 25.00
Monthly Statement fee $ 5.00
Monthly Debit Gateway Access fee ** $ 10.00
      
* Credit card transactions are escalated to Mid and Non-Qualified levels when the transaction fails certain security tests, like the address verification test, or the credit card account number is entered manually.
** Does not include debit network fees which are controlled by the debit card networks.
     

All merchant accounts are referred to and processing services are provided by North American Bancard, a registered ISO/MSP of HSBC Bank USA, National Association, Buffalo, NY.