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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: | 95% | ||
| Free POS/Swiper Terminal | no | ||
| Online Processing: | yes | ||
Overview
The Transaction Group is one of the fastest and most accessible credit card processing companies. They include a $15.00 gateway fee, $10.00 Statement fee, and no monthly minimum. They also provide a 2.19% discount rate (for card not present and 1.79% for card present) with a $0.20 transaction fee. The Transaction Group waives the early termination fees on all accounts so there is no long term commitment. In addition to providing card present and eCommerce processing solutions, The Transaction Group also provides credit card processing solutions for medical marijuana dispensaries in states with active programs. For more information about The Transaction Group, click here!
| Required Monthly Fees | |
|---|---|
| Gateway Fee | $15 |
| Statement Fee | $10.00 |
| Monthly Minimum | $0 |
| Transaction Fees | |
| Average Discount Rate (internet) |
2.19% |
| Average Discount Rate (retail) |
1.79% |
| Transaction Fee (internet) |
$0.20 |
| Transaction Fee (retail) |
$0.20 |
| Address Verification Fee | $0.00 |
| Features | |
| Virtual Terminal | Yes |
| Payment Gateway | Authorize.net |
| Merchant Account | Yes |
| P.O.S. Credit Card Swiper | Yes |
| Offers eCheck | Yes |
| Shopping Cart Available | No |
| Recurring Billing | Yes |
| Application Process | |
| Digital Application | Yes |
| Average Approval Rating | 95% |
| Account Setup Time | 1-2 Days |