100% GUARANTEE ON OUR FEES, SERVICES AND PRODUCTS!

---

SERVICE	INDUSTRY STANDARD	iPAYMENT INC
APPLICATION FEE	$50 - $125	$0
SETUP FEE	$50 - $150	$0
PROGRAMMING FEE	$50 - $95	$0
MONTHLY MAINTENANCE FEE	$0 - $20	$0
OVERLIMIT FEE	0.5% - 5.0%	$0
AMERICAN EXPRESS SETUP	$25 - $50	$0
3 DISCOUNT RATE % PLANS		Choose only one
COST PLUS %                         or	1.77% - 1.95%	.30%
3 TIER DISCOUNT %             or	1.85% - 2.00%	1.79%
BUNDLED RATE   (no transaction fee)	2.25% - 3.00%	1.99%
2 TRANSACTION FEE PLANS		Choose only one
TRANSACTION FEE SWIPING	20¢ - 40¢	19¢
TRANSACTION FEE NON-SWIPING	25¢ - 40¢	19¢
BATCH HEADER FEE	20¢ - 40¢	$0
ADDRESS VERIFICATION	5¢ - 20¢	optional
MONTHLY STATEMENT	$10 - $25	$10
ACCOUNT VIEWING ON INTERNET	$10 - $25	optional
MONTHLY MINIMUM	$25 - $35	$25

CHOOSE YOUR PLAN

THREE PROCESSING PLANS

FIRST PROCESSING PLAN
“3 TIER PLAN”

The Three Tier plan is what most merchants have used since credit cards have been used as a means of tender. All three plans are based off what is called the interchange rate that Visa and MasterCard charge merchant service providers when merchants accept credit cards for goods or services. There are about 160 different Interchange rates ranging from a 1.29% to a 2.98%. Here is how it works.

Tier #1
Qualified Rate
(Physically swiping a credit card through a machine)

Tier #2
Mid-Qualified Rate
The transaction has been down graded because the credit card information has to be keyed into a terminal; or the card is not present at the time of the transaction as in mail order and telephone orders and Internet sales. If a batch is not settled within 24 hours then all transactions in the settlement could be charged as a mid-qualified also. One more type of mid-qualified transaction is a card that will issue rewards, air miles or merchandise by the consumer using the credit card.  The mid-qualified transactions usually add an extra percentage to the fees for the merchant because of the risk that the transaction could be fraudulent and charged back to the merchant after the transaction has been approved and funded.

Tier #3
Non-Qualified Rate
The transaction has been down graded because the credit card being charged is a company or corporate card. If the batch is not settled until after 48 hours then the transactions in the batch are considered a higher risk if the funds are not in the card holder’s account because the card has reached it’s maximum amount of loan value at the time of settlement. Foreign cards will also cause a transaction to be down graded to a non-qualified rate. The non-qualified rate will be higher than Tier #1 or Tier #2.

---

SECOND PROCESSING PLAN

“COST PLUS PLAN”

The Cost Plus plan is what has been offered only within the last year or two. The Cost Plus plan is also based off what is called the interchange rate that Visa and MasterCard charge merchant service providers when merchants accept credit cards for goods or services. There are about 160 different Interchange rates ranging from a 1.29% to a 2.98%. Here is how the Cost Plus plans works.

The COST PLUS PROGRAM is simple to understand and means exactly what it says. We charge our cost (also called the “Interchange”) for all transactions plus an additional percentage for our profit. This profit is 30, 40 or 50 basis points plus a transaction fee. Thirty base points are related as 0.30%. Whatever profit level the merchant is charged determines how the % is written on the application, as shown below.

1.49% discount rate = 30 base points
1.59% discount rate = 40 base points
1.69% discount rate = 50 base points


Almost all rates are determined with the merchant and established by how the merchant conducts business, what his average ticket is and how much monthly processing volume the merchant will do. Another factor will be what type of business the merchant has and how much risk there is in the type of cards the merchant will be accepting. We usually start at the lowest cost of 1.49% and go up from there depending upon the factors mentioned.


THIRD PROCESSING PLAN

“BUNDLED RATE PLAN”

The BUNDLED RATE PROGRAM is simple to understand and means exactly what it says. We combine the discount rate (%) plus the transaction fee and call it a bundled rate. If a merchant request, we can combine all fess into only a single % fee for all charges. This type of plan is mostly based on the average ticket, type of business and the monthly processing.
Example:

Average Ticket $100

% plus transaction fee 1.95%

All fees combined 2.95%

       

---

If you are looking for a POS solution in Computers
Click Here

---

TERMINAL PRICING

$295 - $395 $25 -$35 Lease/mo. Capabilities Included: - - - - - Debit Cards All Credit Cards Seperate Printer 15 sec. trans. time No Ethernet	$495 - $595 $30 - $49 Lease/mo. Capabilities Included: - - - - - Internal Debit Smart Card All Credit Cards Auto Paper Load 5 sec./trans. Ethernet	$850 - $1,200 $39 -$59 Lease/mo. Capabilities Included: - - - - - - - - - Internal Debit Smart Card Auto Paper Load 5 sec./trans. Ethernet Cellular Networks WiFi Network GPRS Network Signature Capture	FREE Included w/ terminal Capabilities Included: - - - - Debit Smart Card 5 sec. trans. time Less $ in Fees	$95 - $595 Lease w/ terminal Capabilities Included: - - - - - Guaranteed Funds Franking Customer Keeps Check Accept ANY US Check Endorsments not needed