Credit Card Industry Peeps

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  • LiveDose
    Show Yer Tits!
    • Feb 2002
    • 25792

    #1

    Credit Card Industry Peeps

    Anyone know the ballpark average discount rate for brick and mortar retail on new accounts?

    I know there is a wide range of qualified rates offered in this industry. I am just trying to get an average going rate.

    Thanks.

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  • tony299
    lurker
    • Aug 2002
    • 57021

    #2
    if its not high risk its very cheap like 2.5 to 3%

    Comment

    • LiveDose
      Show Yer Tits!
      • Feb 2002
      • 25792

      #3
      For brick & mortar? That seems high, no?

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      Comment

      • minusonebit
        So Fucking Banned
        • Feb 2006
        • 7391

        #4
        Brick and mortar is usually between 1.9% and 2.5%.

        Comment

        • PaygeaGrl
          Confirmed User
          • Aug 2007
          • 537

          #5
          Pricing should be around 1.7-1.8% plus $.25 total with a $10.00-$25.00 monthly statement fee.
          Patricia Brandon
          VP/Sales and Business Development
          Paygea- EU and US Merchant Account option
          EU Incorporation provided
          Use our gateway, Netbilling, Rsbilling, or Jettis
          [email protected]
          ICQ: 470462755
          See Who I Am At AdultWhosWho.com!

          Comment

          • PaygeaGrl
            Confirmed User
            • Aug 2007
            • 537

            #6
            no higher than that.
            Patricia Brandon
            VP/Sales and Business Development
            Paygea- EU and US Merchant Account option
            EU Incorporation provided
            Use our gateway, Netbilling, Rsbilling, or Jettis
            [email protected]
            ICQ: 470462755
            See Who I Am At AdultWhosWho.com!

            Comment

            • NETbilling
              Confirmed User
              • Jan 2002
              • 8598

              #7
              Originally posted by PaygeaGrl
              Pricing should be around 1.7-1.8% plus $.25 total with a $10.00-$25.00 monthly statement fee.
              Patricia is correct but it depends on your volume and what you are selling too. Let me know if you need help. We do retail as well and work with several banks to get you the best rate.

              Mitch


              Mitch Farber
              CEO - NETbilling, Inc.
              Email / Phone: 888-357-8166 / 661-252-2456
              Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!

              Comment

              • spunkmaster
                Confirmed User
                • Jan 2004
                • 2052

                #8
                Originally posted by LiveDose
                Anyone know the ballpark average discount rate for brick and mortar retail on new accounts?

                I know there is a wide range of qualified rates offered in this industry. I am just trying to get an average going rate.

                Thanks.



                1.69% to 1.89%

                Comment

                • NETbilling
                  Confirmed User
                  • Jan 2002
                  • 8598

                  #9
                  Originally posted by Jesus H Christ
                  I just got approved last week and phasing out my third party processor. CC .99 debit 1.3 AMEX 2.2. The only thing slowing me down now is learning NATS.

                  I used Merchant Wharehouse.
                  There is no such things as a discount rate of .99

                  Mitch


                  Mitch Farber
                  CEO - NETbilling, Inc.
                  Email / Phone: 888-357-8166 / 661-252-2456
                  Transaction processing & 24/7 call center services with exceptional rates and flexibility, since 1998!

                  Comment

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