|
ACH
Rejection Fee:
|
No
Charge
|
| Refund
Issue Fee: |
No
Charge |
| Application
Fee: |
No
Charge
|
| Gateway
Setup Fee: |
No
Charge - We
offer gateway services powered by industry leader,
Authorize.net and do NOT charge a gateway set up fee.
|
| Annual
Fee: |
NONE
- Trust
Card Services does not charge an annual fee.
|
| Gateway
Monthly Fee: |
$12.50
Cost for Shopping Cart connectivity to your Merchant Account
using Authorize.net Includes Online Virtual Terminal for
Reports, History, and Manual Charges.
|
| Gateway
Authorization Fee: |
.05¢
– Cost for each order processed through the Authorize.net
Gateway.
|
| Charge Back
Fee: |
$35.00
A Charge Back results when a customer disputes a merchant’s
charges with one of the Credit Card Companies. The charge is
reversed in favor of the customer initially and the merchant
must substantiate proof of the order, delivery, and quality,
whatever the reason for the Charge Back is.
|
| Charge Back
Research Fee: |
Retrieval
Fee $35 (this is not charged in all cases, only if the card
holders bank wants to issue a retrieval before a Charge Back)
|
| Qualified
Rate (Discount Rate): |
2.15%
- The
discount rate you see advertised is the rate you’ll pay as a
percentage on each transaction processed. Our rate is only
2.15%
|
| Mid-Qualified
Rate:
|
2.42%
- This
is charged for MOTO/keyed transactions, AND
PURCHASES MADE WITH REWARDS CARDS.
|
| Non-Qualified
Rate: |
3.75%
- This
is charged for several reasons, not batching out on time
(Within the first 24-hours), not entering address verification
when keying a transaction, corporate credit card, reward cards
or gift cards. |
| Transaction
Fee: |
.12¢
- The
fee per authorization (each time you run a credit card number)
is only 12 cents. |
| (“AVS”)
Address Verification Service: |
.10¢
- AVS
is a fraud prevention service used to validate the
cardholder’s billing address to the credit card issuing bank
records. This fee is 10 cents.
|
| Monthly
Statement Fee:
|
$6.95
-
The
monthly statement fee is $6.95 and is to cover the cost of
generating and mailing the statement, as well as the
maintenance of the account.
|
| Monthly
Minimum: |
$25.00
– The bank requires a minimum in processing from merchants
to maintain the account and provide a small profit. Merchant
sales go toward this minimum and a Merchant with sales of
$1200 per month or more will never
be billed “minimum” charge.
All sales go toward that minimum and in the event that you do
not sell enough to meet the monthly minimum, the difference
between your actual fees and the minimum is only assessed.
|
| Service
Agreement Cancellation Fee (Early termination):
|
Trust
Card Services has a one-year commitment. If cancelled within the first (3) three days
there is no charge. Other
cancellation charges may apply - please contact
us for specific details.
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