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Learning about Merchant Accounts

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or call 888-928-5280 or 303-990-5115.

Merchant Account for Dry Cleaners

If you are opening a new dry cleaner or currently have a dry cleaner, chances are you will want to accept credit cards.  Mile High Merchant Accounts offers you the HypercomT4100 POS Terminal.  You can read more about our retail merchant account

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¢
  • 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

The HypercomT4100 is offered to you at no extra charge.  Our prices are competitive and we will help you re-program your terminal, if available.

Sign Up for Retail Merchant Account

Telephone Order Merchant Account

Perhaps your dry cleaning business is mobile - you pick up the clothes from the customer's house and deliver them a few days later.  If this is the case, you might want to consider a Telephone Order / Mail Order (MOTO) Merchant Account. The Quantum Gateway is the right choice for you.  It will securely store credit card and checking account numbers on its secure servers.  Then it will automatically bill the customer each month or if the amount is different each month, you can specify that as well - without ever contacting the customer (unless the card has expired or been declined).

You can even supply your customer a secure webpage to update their information via the Quantum Gateway.

MOTO 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):

  • Visa / MasterCard / Discover Card Discount Rate:  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)
  • 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.
  • Virtual Terminal:  Free (also accessible via a WAP-enabled phone)
  • 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 Retail Merchant Account Sign Up for an Internet Merchant Account

*Non-qualified transactions might include consumers using a credit card issued by a foreign bank or rewards / business / corporate cards.
**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.

Internet Merchant Account

Get an Internet Merchant Account with a 2.09% discount rate.  No monthly minimum - free electronic payment gateway.  No termination fee and no yearly contracts!

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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