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Credit Card Processing Rates for a Storefront
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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.
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| Rate Description |
Rate |
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| Qualified or Card Present |
1.80% |
| Mid-Qualified * |
2.66% |
| Non-Qualified or Card Not Present * |
3.06% |
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The following are periodic and ongoing fees that can be incurred by a
storefront merchant account:
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| Fee Description |
Fee |
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| 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 |
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* 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.
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** Does not include debit network fees which are controlled by the debit
card networks.
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