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Credit Card Costs

Credit Card Costs
Bank Fees Cost(s)
Merchant setup $25.00 (one-time fee)
Merchant ID $5.00/month
Merchant Inactivity Fee $5.00/month (if no activity)
Regulatory Product Fee $2.00/month (a new fee that will start May 2013)
Visa Network Fee $10.00 or $5.00/month (amount charged is based on the # of transactions you process)
Terminal First Data FD55 (Dial-up or IP) $275.00 (one-time fee)
Terminal First Data FD130 (Dial-up or IP) (chip & PIN capable) $425.00 (one-time fee)
Terminal First Data FD130 DUO (dial-up or IP) $589.00 (one-time fee) (this includes the FD130 and the FD35 external PIN Pad)
Terminal First Data FD200 (Dial-up or IP) $655.00 (one-time fee)
Terminal First Data FD300 (Dial-up or IP) (chip & PIN capable) $635.00 (one-time fee)
Terminal First Data FD410 (Cellular) (chip & PIN capable) $750.00 (one-time fee)
PIN Pad, FD35 (for chip & contactless pymt) $175.00 (one-time fee)
PIN Pad, 1000SE (for PIN debit transactions) $95.00 (one-time fee)
Bank Authorization Fee $0.17/Visa or MasterCard Transaction
  $0.11/Discover Transaction
  $0.11/American express Transaction
  $0.173/PIN debit transaction
Network Acquirer Processing Fee $0.0185/MasterCard Transaction
  $0.0195/Visa Transaction
Interchange Fee See the MasterCard Interchange Rates
  See the Visa Interchange Rates
  See the Discover Interchange Rates
  2.30%/American Express Transaction
Additional Fees $20.00/month (if you have an e-commerce merchant)
  $20.00/month cellular data fee (if you have a cellular terminal)
  Likely One time Setup Fees (costs vary)
  Likely Monthly Hosting Fees (costs vary)
  Likely Additional Costs/Transaction (costs vary)

Reviewed 2014-12-19.