Internet Merchant Account
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When you are starting a business online, chances are you will want to accept
credit cards. For this, you will need an Internet Merchant Account and an
electronic payment gateway.
We recommend that you use the
QuantumGateway - there is
no monthly fee for this gateway. There is no contract fees, no set-up fees,
no monthly minimums. When you choose this gateway, the monthly merchant account
fee is waived. This means you will save at least $120.00 a year!
Internet Merchant Account Rates
Unlike some websites that require you to e-mail or call for rates, we post them
on our website (rates are for an Internet merchant account with the
QuantumGateway):
Sign up Now for these Low Rates!
- Discount Rate (Visa / MasterCard / Discover Card): 2.09%
- Transaction Fee: 20¢
- AVS (Address Verification Service) Fee: Free
- Monthly Statement / Customer Service Charge: $8.00
- ACH Fee: Free (most charge a transaction cost - this will save you
about $5.00 a month)
- Batch Fee: Free (most charge a transaction cost - this will save you
about $7.50 a month)
- Virtual
Terminal: Free (also accessible via a WAP-enabled phone)
- Statement / Customer Service Fee: $8.00
- American Express *:
- $7.95 per month and 0% discount up to the first $5,000
in annual sales
- If $5,000 is met, American Express charges a discount
rate based on business industry and volume.
- Non-Qualified Rates - Unlike most other companies, we do not have a mid-qualified
rate, saving you more money.
- Discount Rate Surcharge: 1.00% - most companies charge 2% or more on
non-qualified rates, bringing your discount rate to over 4%! Take
a look at your merchant account statement to see how many transactions are
downgraded. If you have fifty $100 transactions downgraded to non-qualified,
this merchant account can save you at least $50.00 a month!
- Transaction Surcharge: 10¢
Fraud Prevention Tools
(No Extra Charge)
- Verified by Visa (VBV) / MasterCard Secure (MSC)
- MaxMind
- DialVerify
- All these features are at no extra charge to the merchant to help prevent fraudulent transactions and chargebacks while saving you time and money
Sign up Now for these Low Rates!
Electronic Payment Gateways
The electronic payment gateway can be compare to the POS terminal at a retail
store. Usually when you sign up for an Internet merchant account, you have
a few choices when it comes to electronic payment gateways.
-
QuantumGateway: A powerful electronic payment gateway offering merchants
numerous features to help reduce fraud and chargebacks at no extra fees.
This is the electronic payment gateway that Mile High Merchant Accounts recommends
to merchants. We think you will appreciate all the extra fraud controls
this gateway offers at no extra charge. There is no set-up fee or extra
transaction costs with this electronic payment gateway.
- Authorize.net:
No set-up fee, $15.00 monthly, 10¢ per transaction.
-
eProcessingNetwork: No set-up fee, $15.00 monthly, 10¢ per transaction.
At Mile High Merchant Accounts, we recommend the Quantum Gateway - simply
because it offers more standard features and fraud prevention features than any
other payment gateway at no additional charges.
Sign up Now for these Low Rates!
*Amex Per Transaction Fee: This is our network fee
for processing 3rd party (non-Visa/MC) cards. Other fees may be
assessed from these 3rd party companies as well.
