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Rankings |
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| Overall Rating: |  |
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| Startup Cost: |  |
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| Moble Processing: | yes | ||
| Approval Rate: | 99% | ||
| Free POS/Swiper Terminal | yes | ||
| Online Processing: | yes | ||
Overview
Electronic Transfer is one of the fastest and most accessible credit card processing companies. They do not charge a Gateway fee, but include a $9.95 Statement fee a monthly minimum of $20 max, and a 2.19% discount rate (for card not present and 1.69% for card present) with a $0.25 transaction fee.
| Required Monthly Fees | |
|---|---|
| Gateway Fee | $0 |
| Statement Fee | $9.95 |
| Monthly Minimum | $0-$20 |
| Transaction Fees | |
| Average Discount Rate (internet) |
2.15% |
| Average Discount Rate (retail) |
1.69% |
| Transaction Fee (internet) |
$0.25 |
| Transaction Fee (retail) |
$0.25 |
| Address Verification Fee | $0.00 |
| Features | |
| Virtual Terminal | Yes |
| Payment Gateway | Authorize.net, FastCharge, EProcessing |
| Merchant Account | Yes |
| P.O.S. Credit Card Swiper | Yes |
| Offers eCheck | Yes |
| Shopping Cart Available | Yes |
| Recurring Billing | Yes |
| Application Process | |
| Digital Application | Yes |
| Average Approval Rating | 99% |
| Account Setup Time | 4 Hours |