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LiveDose · 11-29-2007, 05:42 PM

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.

tony286 · 11-29-2007, 05:43 PM

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

LiveDose · 11-29-2007, 05:45 PM

For brick & mortar? That seems high, no?

minusonebit · 11-29-2007, 05:52 PM

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

PaygeaGrl · 11-30-2007, 10:02 AM

Pricing should be around 1.7-1.8% plus $.25 total with a $10.00-$25.00 monthly statement fee.

PaygeaGrl · 11-30-2007, 10:07 AM

no higher than that.

NETbilling · 11-30-2007, 10:23 AM

Quote:

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

spunkmaster · 11-30-2007, 11:43 AM

Quote:

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%

NETbilling · 12-03-2007, 09:40 AM

Quote:

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

11-29-2007, 05:42 PM	#1
LiveDose Show Yer Tits! Industry Role: Join Date: Feb 2002 Location: Somewhere Out there... Posts: 25,792	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. __________________ Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

11-29-2007, 05:45 PM	#3
LiveDose Show Yer Tits! Industry Role: Join Date: Feb 2002 Location: Somewhere Out there... Posts: 25,792	For brick & mortar? That seems high, no? __________________ Scammer Alert: acer19 acer [email protected] [email protected] Money stolen using PayPal

11-30-2007, 10:02 AM	#5
PaygeaGrl Confirmed User Join Date: Aug 2007 Location: Florida Posts: 537	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!

11-30-2007, 10:07 AM	#6
PaygeaGrl Confirmed User Join Date: Aug 2007 Location: Florida Posts: 537	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!

11-29-2007, 05:43 PM	#2
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	if its not high risk its very cheap like 2.5 to 3%

11-29-2007, 05:52 PM	#4
minusonebit So Fucking Banned Join Date: Feb 2006 Location: [email protected] Posts: 7,391	Brick and mortar is usually between 1.9% and 2.5%.