Payment Processing for eCommerce Merchants
Web-based merchants require card acceptance solutions that adequately protect them against fraud and minimize chargeback rates, while providing low card acceptance rates. Our payment processing program for eCommerce merchants places an emphasis on providing the knowledge, tools and support to enable our merchants to process card transactions in a way that is compliant with Visa and MasterCard regulations and that ensures that cardholder account information is adequately protected against hackers. We offer our merchants help in developing your policies on order cancellations, returns, refunds, handling sensitive payment information, and on communicating them to your customers. Implementing these procedures will help minimize your chargeback rates. Maintaining low chargeback levels guarantees that no processing limits are imposed. As our customer you will enjoy:
- Same-day application decision
- No teaser rates, no hidden fees
- Acceptance of all American and the major European and Asian credit card brands
- PayPal, Google Checkout, Amazon Payments, eChecks and eBillme third party payment options
- Direct daily ACH fund deposits into your bank account for a quicker access to your money
- Multifunctional virtual terminal to let you process regular, installment, recurring, deferred payments and more
- Online client center to put all of your account information at your finger tips for a more efficient account management
- No downtime during the switch from your current processor
Payment Processing for eCommerce Merchants – Rates and Fees
| Application processing fee | $0 |
| Payment processing account set-up fee | $0 |
| Gateway / virtual terminal set-up fee | $0 |
| American Express account set-up fee | $0 |
| Discover account set-up fee | $0 |
| Visa / MasterCard discount rate | 2.15% |
| Visa / MasterCard per-transaction fee | $0.25 |
| Monthly statement fee | $9.95 |
| Payment gateway monthly fee* | $9.95 |
*Merchants that would like to keep the gateways they are currently using will not be charged a monthly gateway fee. You will have to pay whatever fees you have agreed on with your gateway vendor.
Our eCommerce payment gateway will connect your website with our processing bank and will transmit the payment information that your customers have submitted. The virtual terminal, which comes free of charge, will enable you to key into your favorite browser your customers’ payment information as you are taking their orders over the phone or have received the payment details in the mail.
Our Chargeback Manual is a very important part of our payment processing program for eCommerce merchants. It will guide you through the process of setting up your web-based store and process online payments in a way that is compliant with Visa and MasterCard requirements. We will work with you to implement the necessary policies and disclosures into your sales procedures to ensure that your customers get all necessary information before making a purchase.
Request our payment processing proposal
