Credit Card Processing Rates and Fees
At TekkPay, we understand the majority of customers are concerned about credit card processing rates and fees. That’s why we have the lowest rates of anyone in the industry! When you compare them side by side it’s easy to see why more people choose us. TekkPay offers significantly lower credit card processing rates and fees than our competitors, and in some instances they are free!
Most companies will hit you with application fees, setup fees, programming fees, and many other charges which can add up quickly. Not only will TekkPay provide those services for free, you will also avoid paying unnecessary fees like Discover and AMEX setup fees. Low credit card processing rates are only some of the advantages of choosing TekkPay.
By monitoring what our competitors are charging we can stay below the industry average and save you more money. We take into consideration the amount of transactions our customers perform and lower our rates to fatten your bottom line. And while other companies may not perceive this attention to detail as a priority, our pride in customer satisfaction is evident in the low credit card processing rates we offer.
We also offer Interchange Plus Rates.
Please visit our Interchange Plus Rates information page to see your savings.
Disclaimer: Offer below is designated to start-up businesses. In order to qualify to even more competitive deals, 3 months’ worth of processing statements is required.
|Services||Typical Rates||Our Rates|
|Application Fee||$75 – $150||FREE|
|Setup Fee||$50 – $125||FREE|
|Programming Fee||$50 – $75||FREE|
|Discover® Network Setup Fee||$25||FREE|
|American Express Setup Fee||$25||FREE|
|Web Shopping Cart||$249||FREE Setup|
|Real-Time Online Processing Terminal||$295 – $995||FREE|
|Retail Swipe Terminal with Printer||$195 – $795||FREE|
|Credit Restrictions||Very Strict||High Approval Rate|
|Debit Card Discount Rate (Swipe)||1.35% – 1.55%||0.25%|
|Retail Discount Rate (Swipe)||1.94% – 2.05%||0.25%|
|Internet Discount Rate (Internet/Mail/Phone)||2.45% – 2.75%||0.25%|
|Transaction Fee||$0.35 – $0.50 per transaction||$0.10 per transaction|
|Statement Fee||$12 – $25 per month||FREE ONLINE|
|Internet Gateway Fee||$25 – $35 per month||$10 per month|
|Approval Time||2 – 3 days||Same day|
More Free Deals
- FREE Online Virtual Terminal
- FREE TeleCheck® Set-Up
- FREE access to your Merchant Account on-line
- FREE** Business Consulting to evaluate your savings in areas of your business
* Offer is being made by TekkPay. Restrictions apply. Please call for details.
** TekkPay through a network of partners is able to help your business to potentially save money in all areas of your business. This offer is provided to all merchants who open a merchant account with TekkPay.