Credit Card Costs

Credit Card Costs
JPMorgan Chase Bank Fees Cost(s)
Merchant setup (only if NetConnect) $30.00 (one-time fee)
Merchant Minimum Monthly Fee $25.00/Month
Master Card Merchant Location Fee $1.25/Month
PIN Debit Injection Fee $40.00 (one-time fee)
Chargeback fee $15.00/Chargeback item
Terminal First Data Vx520 (Dial-up) $200.00 (one-time fee)
Terminal VeriFone Vx680 (Cellular) $420.00 (one-time fee)
PIN Pad, Vx805 $195.00 (one-time fee)
Bank Authorization Fees $0.02 + 0.02%/Visa or MasterCard Transaction
  $0.02 + 0.02%/Discover Transaction
  $0.05/American express Transaction
  $0.20/PIN debit transaction
Network Acquirer Processing Fees $0.0195 + 0.12% if over $1000 OR 0.14% if less than $1000/MasterCard Transaction
  $0.0195 + $0.0018 + 0.13%/Visa Transaction
  $0.0195 + 0.13%/Discover Transaction 
Interchange Fees See the MasterCard Interchange Rates
  See the Visa Interchange Rates
  See the Discover Interchange Rates (link to be updated)
  2.30%/American Express Transaction
Chase Net Pricing (If the card use is a chase branded card) $0.2610 + 0.2%/Visa, MasterCard, or Discover Authorization
  $0.1150 + 2.04%/Visa, MasterCard, or Discover Discount Rate
Gateway Fees $0.0550/Visa and MasterCard Transactions Cybersource
Encryption Fee $0.025/transaction for SafeTech Encryption
3rd Party SVC Provider Fees $1,500.00 (one-time) server & application fee for QuikPAY
  $50.00/Month server hosting fee for QuikPAY
  $0.25/Credit Card transaction for QuikPAY
  $0.13/E-check transaction for QuikPAY
  $0.98/E-check return for QuikPAY
  $1.38/E-check resubmitted for QuikPAY
 
 

Reviewed 2019-02-19.