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 Account ◊
Wireless Merchant Account ◊
Internet Merchant Account