It’s complicated, there is no simple answer to this. However, we will provide honest transparent information that is easy to understand. Do not get caught up in the flat rate percent you see posted, there is more to processing that just the percent. I’m sure you have wondered why the flat rate you were given isn’t exactly the amount you pay overall in fees. That’s because you have brand fees passed through from Visa, MasterCard, Discover, and Amex! Also, some acquirer monthly fees to pay. Some brands also have network fees which also get passed through to you. Contact us for customized rates that is best suited for your business!
Interchange plus is considered the best and most affordable pricing structure. You will pay the interchange fee which is determined by the card network plus a small mark up by the processor. Your monthly statement will delineate each charge, what it costs, and why it costs you exactly what it does.
Virtual Payment Solutions is offering our membership prices at an low rate. One flat monthly fee depending on sales volume. Plain and simple. You will still have the interchange rates to pay which are set by the brands, Mastercard, Visa, Amex, and Discover.
Although we can offer tiered pricing, we do not think it's the most transparent pricing model that we offer for most businesses.
Flat rate pricing is where you are charged one rate regardless of the type or volume of the card transaction. It is the easiest to understand and usually the best for businesses that process low volume of cards.
Processing can be complicated, with our guidance and education the complications go away. We promise a loyal, honest, and straightforward relationship with you to ensure that you receive services that are best suited to your needs at the greatest rate. We assist from the beginning stages through the life of your business. We are honestly here to serve you. If you are not happy, we are not happy.
Virtual Payment Solutions (VPS) is a proud independent sales agent for CardConnect, LLC. All trademarks, service marks and trade names referenced in this material are the property of their respective owners. CardConnect, LLC is a registered ISO of Wells Fargo Bank, N.A., Concord, CA. The CardConnect name and logo are owned by CardConnect LLC., a wholly owned subsidiary of First Data Corporation Virtual Payment Solutions is a contracted reseller of the Clover™ Solution. This Web page or Web site is not an official page of Clover Network Inc., First Data, its subsidiaries or affiliated businesses.
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