Credit Card Processing: Rate Comparison of Wells Fargo, Bank of America, Chase, Square Reader

Get a Free Checkup on Your Credit Card Processing: Merchant Account, Checkup to Accept Credit Cards

If you are paying over 1.65% total on your rate, you are paying to much.
We are .10 and 5 cents over interchange.

Get a credit card processing fees and rates checkup with Merchant Resources, www.credit-card-processing.com

With us you pay .10 and 5 cents over interchange. If you are paying over 1.65% total on your rate, you are paying to much.

Square Reader

Wells Fargo

Base Retail Visa/MC rate @ 2.2% and 25 cents

Mid qualified rate @ 3.1% and 25 cents
The salesperson did not disclose the non-qualified rate
Lease of terminal for $35 for 48 months or purchase terminal for $699 (FD130 terminal)
$75 yearly fee
$95 Setup fee
No contract until filing-out personal information using a social security number, etc.
Wells Fargo credit card processing was high in fees, equipment cost and processing rates.
Each time Merchant Resources called received different quoted rates.

Bank of America

1.69% Base Retail Visa/MC rate
3.19% Mid-qualified rate
Over 4.35% Non-qualified rate
Terminal cost on a lease of $28.95 per month or purchase for $599
No contract until filing-out personal information using social security number, etc.
Bank of America was transparent regarding their high discount rates.

Merchant Resources offers the following:

1.25% for debit/credit card with no pin
1.65% for base Visa and MasterCard, Discover
No Monthly Fees
FREE Terminal, cellular phone Swiper or POS for restaurant
If a business has a low average ticket, Merchant Resources provides 5 cents transaction fee

Merchants consistently process payments over $10 per purchase, have better options at: www.credit-card-processing.com

To receive a free no obligation merchant account quote, visit http://www.credit-card-processing.com or call 1-888-895-3129.

Media Contact
Company Name: Merchant Resources
Contact Person: Jim Johnston
Email: Send Email
Phone: 1-888-895-3129
Country: United States
Website: http://www.credit-card-processing.com