Credit-card-processing.com Compares Square Reader, Wells Fargo Merchant Services, Chase Merchant Services and Costco
(firmenpresse) - DALLAS, TX -- (Marketwired) -- 06/08/15 -- Merchant Resources compares its credit card merchant services to those of Square Reader, Wells Fargo Merchant Services, Chase Merchant Services and Costco Merchant Services.
After called the 1-800 listed on each of these merchant services, a variety of differences and cost of each of these credit card merchant services have been discovered. The compilation below:
--Square Reader*
Base Retail Visa/MC rate of 2.75%
Key Entered Rate of 3.5%
*The square reader is a good solution for merchants that are seasonal, since "SquareUp" does not have any monthly fees. However, any merchant that is consistently over $100 in Visa/MasterCard volume per month, there are better options.
-Wells Fargo**
Base Retail Visa/MC rate of 1.8%
Lease of terminal for $35 a month or purchase terminal for $500
$75 yearly fee
** Merchant Resources has been in the business for over 20 years, knowing "for a fact" that the rate, no matter what the card is, is NOT 1.8%. It seems Wells Fargo has to train their merchant services department what the actual fees are.
-Costco
Base Retail Visa/MC rate of 1.38% and 19 cents
Rewards Cards Visa/MC rate of 1.99% and 19 cents
Business Cards Visa/MC rate of 2.65% and 29 cents
Foreign and Government Cards Visa/MC 3.55% and 29 cents
Lease of terminal for $30 a month for 2 years or purchase terminal for $489
Need to be an executive Costco member, so you need to pay $110 a year
Chase Paymentech
Base Retail Visa/MC rate of 1.99% and 25 cents
Mid qualified rate of 2.68% and 25 cents
Non qualified rate of 3.76% and 25 cents
$100 fee to get setup
$25 monthly minimum
Monthly fee of $9.95
Free terminal with a 2 year contract
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, Swiper for your cellular phone, or POS for restaurant
Merchant Resources offers custom quotes to fit your particular business.
To receive a free no obligation merchant account quote, visit or call 1-888-895-3129
Contact:
Jim Johnston
1-888-895-3129
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 08.06.2015 - 14:15 Uhr
Sprache: Deutsch
News-ID 398865
Anzahl Zeichen: 0
contact information:
Town:
DALLAS, TX
Kategorie:
Commercial & Investment Banking
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Die Pressemitteilung mit dem Titel:
"Credit-card-processing.com Compares Square Reader, Wells Fargo Merchant Services, Chase Merchant Services and Costco"
steht unter der journalistisch-redaktionellen Verantwortung von
Merchant Resources, Inc. (Nachricht senden)
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