|
Compare True
Processing Costs |
|
|
Alliance BankCard Processing |
EcoQuest Merchant Services |
|
Nova Info Services,
US Bank Corp |
First Regional Bank |
|
Processing For
Alpine / EcoQuest Dealers Since 1997 |
Processing for
EcoQuest Dealers Since 2005 |
|
Set-up cost |
$0.00 |
$0.00 |
|
Monthly Fee |
$10.00 |
$10.00 |
|
Monthly Minimum |
$5.00 |
$5.00 |
|
Discover Card Set-up
Fee |
$0.00 |
$25.00 |
|
Amex / Discover Per
Item Fee |
$0.25 |
$0.25 |
| |
MasterCard/Visa Processing Rates |
|
Retail - Card Swiped through a Credit Card
Terminal |
|
Debit/Check Card |
1.69% |
Not Available |
|
Generic
MasterCard/Visa |
1.89% |
Not Available |
|
Rewards card |
2.89% |
Not Available |
|
Mid Qulified |
2.59% |
Not Available |
|
NonQual/Business-CorpCard |
2.99% |
Not Available |
| |
|
|
Hand-Keyed Using a Virtual Terminal |
|
Monthly Virtual
Terminal Fee |
$15.00 |
$15.00 |
| |
|
|
|
Debit/Check Card |
2.09% |
2.19% |
|
Generic
MasterCard/Visa |
2.19% |
2.19% |
|
Rewards Card |
2.39% |
4.04% |
|
Mid Qualified |
2.89% |
4.04% |
|
NonQualified/Business-CorpCard |
2.99% |
4.04% |
| Many
Dealers like to Place a Unit for a "Free
In-Home Trial". If you wish to protect
yourself, especially when sending the
Product Out-Of-Town, you would want to
obtain an "Auth Only". This would Verify
that the card has enough credit
available to cover your sale. When the
Card Holder decides to own your product
you would input the Sale as a "Ticket
Only". This Process would cause a
"Delayed Presentation" which would
become a "Non Qualified Sale", thus
increasing your cost to that of a
Business or Corporate Card. |
|
|
For this
reason, many Dealers Prefer the Touch
Tone Method of Processing.
-
It will
work anywhere your cell phone works
or you can find a phone.
-
The Rate
for Touch Tone is fixed, you never
pay an up-charge for any reason.
|
|
| |
Touch Tone Processing Rates |
|
Equipment Cost |
$0.00, you use your
existing phone |
Not Available |
|
Debit/Check Card |
2.95% |
Not Available |
|
Generic
MasterCard/Visa |
2.95% |
Not Available |
|
Rewards Card |
2.95% |
Not Available |
|
Mid Qualified |
2.95% |
Not Available |
|
Non
Qualified-Bus-Corp Card |
2.95% |
Not Available |
|
Per Item Fee
|
0.80% |
Not Available |
| |
|
|
