|
Our Merchant Account Rates structure is amongst the
simplest in the industry, we have no hidden charges and
prompt settlement to any bank worldwide on a weekly
basis.
Avoid the complicated rate structure of some Merchant
Accounts - typically US businesses will exposed to
approximately 30 different fees/rates - with different
types of credit or debit cards, making it more complex
and difficult to work with.
PayWorld have a flat rate for acquiring - no more
multiple acquiring rates for different types of cards.
|
Service |
 |
Competitor
Rates |
|
|
|
|
Application
Fee |
$0 |
up to
$250 |
|
|
|
|
Weekly
Fee |
$0 |
$50-$100 |
|
|
|
|
Transaction
Fee |
$0.10 |
$0.35
- $0.50 |
|
|
|
|
Gateway
Fee |
$0 |
up to
$50 weekly |
|
|
|
|
Wire
Fee |
$0 |
up to $20 |
|
|
|
|
Minimum Transaction Amount |
$1 |
$5 |
|
|
|
|
US Discount Rate |
from
$1.8 |
2.95%
|
|
|
|
|
INTL Discount Rate |
from
$1.8 |
4.35%
|
|
|
|
|
Statement
Fee |
$20 |
up to
$50 |
|
|
|
|
Hidden Costs |
NONE |
YES |
|
|
|
|
Minimum Turnover |
NONE |
YES |
|
|
|
|
Maximum Turnover |
NONE |
YES |
|
|
|
|
Setup
Time |
*Hours |
Days |
|
|
|
|
 |
|
|
|
|
|
Fees |
|
A Merchant Account Setup Fee is only chargeable if your merchant account
application is accepted. |
| |
|
Rates |
|
Rates listed apply to each transaction. |
| |
|
Note: These rates and fees are dependent on each
individual business’s history. Rates and Fees may vary
depending on business account type and history. |
|
|
|
