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) $299.00 (one-time fee)
Terminal Fisrt Data FD130 DUO (dial-up or IP) $399.00 (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 FD400 (Cellular) $825.00 (one-time fee)
PIN Pad, FD35 (for chip & contactless pymt) $175.00 (one-time fee)
PIN Pad, Vx805 (for chip and contactless pymt) $200.00 (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 wireless data fee (if you have a wireless terminal)
Likely One time Setup Fees (costs vary)
Likely Monthly Hosting Fees (costs vary)
Likely Additional Costs/Transaction (costs vary)

Reviewed 2014-09-05.