 |
|---|
Card Processors: First Data Resources - Gensar - DPI
Sponsored by
SEE Del West's MERCHANT CREDIT CARD FAQ
(Step One of Three Smart Steps To Accepting Credit Cards)
The Internet's Most Comprehensive Resource
|
|---|
How To Get To Del West's THREE SMART STEPS to Accepting Credit Cards.
| "20M" Program [0-$20,000 mo. volume] | "20M-Plus" Program [above $20,000 mo. volume] |
|
|---|---|---|
| Application Fee | 0 | $100 |
| 1: Home Business OK? 2: New Business OK? 3: IRS Tax Returns Required? |
1: Home Business OK 2: New Business OK 3: NO IRS Tax Returns |
1:Home Business OK 2:New Business OK 3:Yes, IRS Tax Returns |
| App Approval Time | ONLINE Applications within 4-8 Days | 10 Days |
| Prepayment of App Fee Required |
No | Yes |
| Full Refund of App Fee If Not Approved |
N/A | Yes |
| Merchant Site Survey survey of home/business site 1: Required 2: Time Factor 3: Fee 4: Refundable |
1: Yes 2: sameday 3: 0 4: N/A | 1: Yes 2: sameday 3: 0 4: N/A |
| Setup Fee | $90 | $35 |
| Setup Fee Deposit Required | Yes | No |
| Full Refund of Setup Fee If Not Approved |
Yes | N/A |
| Mo. Statement Fee | $10 or 0 SEE "Offset Monthly Fees" |
$12 or 0 SEE "Offset Monthly Fees" |
| Minimum Monthly Transaction Charge |
$25 offset by sales or 0 SEE "Offset Monthly Fees" | $25 offset by sales or 0 SEE "Offset Monthly Fees" |
| Bus. Checking Account: ---------------------- Use Your Local Bank [Preferred] or Must Use Their Bank A checking account at a distant bank will likely be an EXTRA CHECKING ACCOUNT. You'll still want the banking convenience of a local account. |
Use Your Local Bank | Use Your Local Bank |
| Extra Checking Account Monthly Fee Incurred if forced to setup checking account at distant bank. | Extra Account Not Required | Extra Account Not Required |
| Direct Funds Transfer: ---------------------- To Your Local Bank [Preferred] or To Their Distant Bank meaning you must setup checking acct at their bank |
To Your Local Bank | To Your Local Bank |
| Funds Transfer Fee
Transfer of funds to your local bank | 0 | 0 |
| ACH Funds Transfer Time Automated Clearing House |
4-5 days | 48 hours |
| Modem Dialup Fee | 0 | 0 |
| Voice Authorization Fee you need never use this service |
60-90c you need never use this service | 90c you need never use this service |
| *Address Verification 1: Available 2: Fee |
1: Yes 2: 0 | 1: Yes 2: 0 |
| **Chargeback Fee | $10-25 | $10 |
| Transaction Rates | 65% or more swipe [Retail Storefront] 1.85%+20c --------------------------------- Less than 65% swipe [Internet/Tel/Mail Order] 2.39%+30c |
[Internet/Tel/Mail Order] 2%-3.7%+20c Specific Rates based on ticket size and volume. Rate chart coming. |
| Reserve Requirement [3%-5%/6mo.] |
NO | Yes |
| TERMINAL Transaction Hardware: Must Buy or Lease Cardreader You Don't Need This. [See Terminal Transaction Software] |
||
| TERMINAL Transaction Software: 1: *AVS included 2: Price 3: Used by 99% of Banks 4: Windows DOS Unix |
1: Yes AVS 2: $349 [2-Day UPS] 3: Yes 4: Win DOS Unix | 1: Yes AVS 2: $349 [2-Day UPS] 3: Yes 4: Win DOS Unix |
