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Sunday, November 8th 2009


Let Paynet Systems help your business process credit card transactions

By Jeremy Simon

Paynet Systems provides the credit card processing and merchant account services your business needs to compete in today's marketplace -- regardless of whether you run a retail store, wholesale, mail/phone order or e-commerce operation.

For retail merchant accounts and wireless merchant accounts, Paynet Systems charges a Visa/MasterCard qualified rate of 1.59 percent. Additionally, the cost per transaction is 25 cents, while the monthly service fee totals just $10. Meanwhile, there are no cancellation fees, monthly minimum requirements, annual membership fees or daily batch fees.

Mail/phone order and home-based businesses, as well as e-commerce and Internet merchant accounts, pay a Visa/MasterCard qualified rate of 2.19 percent. These businesses are charged a 25 cent fee per transaction and a monthly service fee of $5, without any cancellation or annual membership fees.

Meanwhile, if your business requires a customer merchant service solution, Paynet Systems will build it for you. More than 95 percent of new merchant accounts are accepted, and approval generally takes place in less than 24 hours.

Published: March 13, 2007

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Credit Card Rate Report

Updated: 11-08-2009

National Average 12.64%
Business 9.69%
Low Interest 11.91%
Cash Back 12.36%
Reward 12.85%
Instant Approval 13.32%
Balance Transfer 13.46%
Airline 13.60%
Bad Credit 14.29%
Student 14.45%

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