crdit&debit card merchants comission rate?
815997
Check with Costco. 1.64% plus 20¢ for Retail Classified Transactions\n\nHere is a link with information:\nhttp://www.costco.com/Browse/Productgroup.aspx?Prodid=11105019&whse=BC&Ne=4000000&N=4017388&Mo=0&pos=2&No=0&Nr=P_CatalogName:BC&cat=55487&Ns=P_Price|1||P_SignDesc1&Sp=C&ec=&topnav=
154693
Depends on the card. In my experince there is none. Even if they don't send you a statement, it's still your responsibility to pay the bill on time. If you have a ligitimate reason, they may wave the $25-$55 late charge, but if you had any promotional low APR, it will now be hiked up to 17% (or something else rediculously high).
743298
Yahoo has a site which displays various credit card companys, their associated interest rates and other info.  check it out at:\nhttp://shopping.yahoo.com/b:Credit%20Cards:784705332\n\nI'm sure if you call a company and tell them your delima, they can express a card out to you, usually the card arrives anyways in a couple of weeks.\n\nAnother option, if you need the money, is that the credit card companies offer cash advances, with zero percent financing for the first year.  Take the cash advance and ensure you have the money that way.
952031
Absolutely! It costs them money to accept your card. Also the fees change depending on if the charge is rung up as debit or credit. A local store owner explained to me that for sales below about $20 US, the debit card had a smaller fee. Sales greater than that and the credit charge costs less. \n\nI think we should work with businesses to help them keep costs down for processing plastic transactions because ultimately those extra fees are added into  the cost of the product. We will pay for it one way or another.
1107565
The good news is that the Omni 3200 is Class-A certified by TSYS (the old VisaNet) so you should be able to use it with pretty much any processor. Many of the terminals on Ebay are old proprietary machines that can only be used with certain processors. The 3200 is a good terminal that will be able to process cards with qualifying info to achieve the lowest rates. The download will be performed by the processor who you decide on when you set up your merchant account. \n\nTechnically, you will be considered a mail order merchant instead of a e-commerce merchant since you do not process directly over the internet. As you probably know, this makes a big difference in regards to the setup costs. It does, however, also add a manual step in processing that will need to be properly managed.\n\nYour bank may seem like a very easy choice for processing. Unless it is a very large bank, though, they do not actually perform merchant processing services. It is more likely that they have been solicited by a merchant processor that won the bid for your banks customer leads and a certain portion of your fees will now go to your bank. The service and support, though, will be handled by the processor and your bank will not be involved.\n\nBe sure to consider the following:\n1.) As you are processing mail order exclusively, be very aware of the retail "card not present" rates that your processor assesses. \n\n2.) Be sure to know all of the different card rates. You will most likely receive debit cards, personal MC and Visa, Visa Rewards, MC World, and MC & Visa Corporate cards. Many processors sneak in a "nonqualified" rate for the Rewards, World and Corporate cards that can be upwards of 3%.\n\n3.) Make sure that your processor and the service provider that shares your customer's card info are on the same page to assure your qualification levels. Anytime that you do not enter the required "Level 2" info for a mail order, you will be downgraded to a higher cost transaction.\n\n4.) Lastly, ask the service provider that sends you your orders for their PCI Data Security compliance information. This should protect you against any penalties should there be a breach of cardholder information. For more about PCI, see the Visa webpage at: http://usa.visa.com/business/accepting_visa/ops_risk_management/cisp.html\n\nIf you would like more information about merchant processing, feel free to contact me at jbordeaux@windriverfinancial.com or at (920)993-9433. Wind River is a merchant processor that specializes in offering well supported, competitively priced, custom processing services.
365060
I REALLY DEPENDS ON THE PRICE, YEAR AND MILIAGE OF THE UNIT. ALSO IT DEPENDS ON YOUR CREDIT SCORE AS WELL.\n\nSOME PLACSE RUN SPECIALS AT ABOUT 3% OR MORE OR LESS, BUT IT REALLY DEPENDS ON WHAT YOU BUY, THE TERM AND YOUR CREDIT
284854
Apparently, questions have been raised about CGS, as well:\n\n\n\nI have been offered a credit card by CGS if i pay a fee of 49.50 i want to repair my credit history and thoght this company could help but i am getting bad feed back has anyone had any dealings with CGS good or bad......CHEERS\n\nthe disc joc  Sun 26/02/06 16:13\n\nDo NOT give this company money! All CGS will do is give you the name of a credit card company and tell you you can have a card with them. However, it won't be correct. Any credit card company will have their own lending criteria which CGS are not privvy to and therefore do not know if you meet that criteria. After being given the name of the card company you would have to apply directly with them and you may not get the card. I work for a credit card company and i've had to tell many people this over the phone. Best thing to do is go directly to the credit card themselves. :o)\n\nhttp://www.theanswerbank.co.uk/Money_and_Finance/Question204222.html
929900
I haven't processed credit card payments for over 10 years, but the rule used to be that you had to accept any charge - even a 25 cent pack of gum.\n\nHowever, I don't believe they had any rules about whether or not the business could have a surcharge to cover their losses on the small transactions.\n\nBusinesses are charged a percentage of total transactions made on credit cards. The percentage is calculated by the average amount of each charge. For example, if your average customer charges $250, you may only pay a fraction of a percent. However, if the average customer charges only $20, you'll pay a higher percentage.\n\nSmall charges lower the average, so the business gets burned on small purchases.\n\nContact your credit card company and ask if they have any policy barring businesses from collecting a surcharge. They won't know unless someone tells them.\n\n.
184321
NOrmally, your credit card will have the following interests. One for purchases. One for cash advance. One for balance transfers.\n\nPurchases can have a promotional rate like 0% for the first 6 months of the card then it goes to Prime + xx%. Cash advances are normally 22% Balance transfers can be as low as 3% for the life of the balance depending on your credit history (both usage and payment) with your card company. You are correct, do not average them as it will only confuse you further. Treat them individually. The reason for the different rates is to "lure" you into spending much on the lowest interest segment, usually, balance transfers. While it is in your cardmember agreement in very fine print, all your payments will first be applied to the LOWEST INTEREST charges. When that is completely paid off then and only then will it apply to the second lowest and so on. Imagine you made a cash advance of $500 at 22% but have purchases of $700 at 17% and a balance transfer of $5000 at 3%. Until you are able to pay off completely the $5000, the $700 will continue to earn interest upon interest plus the $500 cash advance will rake in 22% month after month.\n\nMy advice to all is when you have a credit card with a low balance transfer rate, by all means use it for balance transfers only. Use another card to purchase goods. Or pay the balance off before doing a balance transfer.
551271
I'm not sure how reliable it would be to get estimates from here. Your best bet would be to call up different firms that specialize in consumer credit litigation and ask them what they charge. Maybe also contact law society members who specialize in this area as well, to get a general idea of rates they have.
4295
You can give Chitika eMiniMalls a try.\n\nChitika ads exhibit  a lower CTR when compared with Adsense Text ads but the CPC in Chitika is much higher.\n\nChitika pays by Cheque in India or you can request via Paypal
700303
I feel your pain-but no card higher price. The good news is you can use a fictional name and number if you wish when you sign up that way they have a spending record but no matching party. Most stores will let you just use the phone number and not carry the card. Stores use them to make purchasing decisions as well as set pricing. If you think 2/$7 is a value and purchase they will use that matrix again if not and instead you purchase the name brand at closer to 2 of $6.25 they adjust their pricing accordingly. It also helps them stock for holidays and create those convenient "most needed" displays for shopping ease. Yes I agree they are annoying but they do save you an average of 8% and with coupons I have saved as much as 32%. Most non-chain stores will not take coupons because they are too much work chains are incented to take them which is why they will even have double and sometimes triple coupon days. Believe it or not those cards reduce food waste as well because they are a more accurate gage of purchase than end of day weights and inventory counts.  Some of the larger restaurants are considering them and food service here in California that are located inside of grocery stores often have secret sales if you use your card at the point of purchase.
627948
Fico is not the only thing Amex considers when looking at an application. Do you have any lates, collections, Public records, bankruptcy? With no previous history with Amex the lowest I have seen thus far for approval was 640 with a 3 yr old charge off no other derogatories.  If you have already established a positive payment history with Amex like have the green or gold charge cards, it is possible to get "more desired" cards like Blue, Clear, etc. with a lessor Fico. Just so you know, Amex pulls Trans Union and Equifax. If you are between 640 & 700 with no negs in the last couple years you may have a chance at their Delta, Hilton, or Starwood as the underwriting for these are more relaxed. Then one can always call and convert to a card of their choice. Good Luck! I Love AMEX! They treat their customers very well.
94689
A merchant account allows you to accept credit cards from customers at your business.   Once you have a merchant account, you then have to program your credit card machine (or software, or ecommerce site) with the merchant account information.  Now when a sale is made, the card is approved or declined, and the funds are deposited into your checking account.  Note: your checking account or bank account is different from a merchant account. There are rates and fees associated with accepting a credit card from your customers.  For example, if a customer uses a check card at your store for $100 and the rate is 1.39%, then $1.39 comes out and $98.61 is deposited into your account.  It costs money to accept plastic from customers.
979362
Hello.  They're still in beta and are looking to charge commission when they move out of beta. They say 15%, so I guess it won't be free for ever and yes, there is a catch!  I guess they have to pay for their technology and people somehow.  Good luck with your business though!
232351
They are getting comission but not in the traditional commission form.  At retail shops, the associates earn incentives for every person they sign up for a card.  \n\nI don't believe that it is really unethical per se, just more of a nuisance than anything else.
576589
There are many options offered for both of these services. Your best bet is to integrate a flexible standard shopping cart platform (what you and your customers see) with a flexible gateway (the link to payment processing) and choose a processor based on not only rate but specialty management abilities. It is important to remember that all of these pieces can be separately maintained so that you will have the ability to change or upgrade without scrapping your whole operation.\n\nIf you would like to learn a little more, give me a call at 920-993-9433 or e-mail at jbordeaux@windriverfinancial.com. We are a merchant processing partner that specializes in e-commerce solutions.