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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: | 98% | ||
| Free POS/Swiper Terminal | yes | ||
| Online Processing: | yes | ||
Overview
InstaMerchant has some of the most knowledgeable and conscientious sales representatives to help you and your business. They include a $19.95 gateway fee FREE Statement fee a $15.00 monthly minimum and a 2.19% discount rate (for card not present and 1.69% for card present) with a $0.20 transaction fee (for internet, $0.30 for retail).
| Required Monthly Fees | |
|---|---|
| Gateway Fee | $19.95 |
| Statement Fee | $0 |
| Monthly Minimum | $15 |
| Transaction Fees | |
| Average Discount Rate (internet) |
2.19% |
| Average Discount Rate (retail) |
1.59% |
| Transaction Fee (internet) |
$0.20 |
| Transaction Fee (retail) |
$0.30 |
| Address Verification Fee | $0.05 |
| Features | |
| Virtual Terminal | Yes |
| Payment Gateway | FirstData, Global Payments |
| 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 (Must Sign) |
| Average Approval Rating | 99% |
| Account Setup Time | 1 Day |