Your Web Resource for
Learning about Merchant Accounts

Feel free to contact us or e-mail us
or call 888-928-5280 or 303-990-5115.

If you are opening a new restaurant or currently have a restaurant, chances are

Merchant Account for Any Service Business

If you are opening a new service business or have one already, chances are you will want to accept credit cards.  Mile High Merchant Accounts offers you two terminals - HypercomT4100 POS Terminal or a wireless Nurit 8000 terminal, so waitpersons can scan the card right at the table.  You can read more about our retail merchant account and wireless merchant account if needed.

Retail Merchant Account Fees

  • Qualified / Swiped Visa / MasterCard / Discover Card Transactions: 1.65% plus 25¢ transaction
  • Non-Qualified* / Swiped Visa / MasterCard / Discover Card  Transactions: 1.00% plus 10¢ transaction
  • Visa / MasterCard ATM Debit Transactions:  Interchange plus 30¢
  • Monthly Statement / Customer Service Charge: $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.
  • Terminal Replacement Program: $79.00 per year

Prices for POS Terminal

Both terminals are offered to you at no extra charge.  Our prices are competitive and we will help you re-program your terminal, if available.

Internet / MOTO Merchant Account

If your customers use the same credit card /  checking account for recurring billing, an Internet Merchant Account might suit your needs better.  We offer the Quantum Gateway at no charge per month, unlike most other electronic payment gateways.

Internet Merchant Account Fees

  • Discount Rate (Visa / MasterCard / Discover Card):  2.09%
  • Transaction Fee:  15¢
  • AVS (Address Verification Service) Fee: 5¢
  • 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)
  • 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 For a Retail, Wireless, or Internet Merchant Account

Retail Merchant AccountWireless Merchant AccountInternet Merchant Account

Wireless Merchant Accounts

Get a Wireless Merchant Account with a 1.65% discount rate.  No leases - free terminal.  $20.00 a month and $35.00 activation fee apply.  No termination fee.

Mile High Merchant Accounts .com is not a merchant processor.
Our Web site is an information resource site that provides information to educate merchants on available payment solutions.
We do, however, highly recommend CDGCommerce, who is a registered ISO/MSP for the First National Bank of Omaha.
Please visit them for more information on their merchant processing services.
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