e-onlinedata: Merchant Accounts Rates and Fees

e-onlinedata guarantees that our Visa/MasterCard discount rates and fees are among the most affordable in the industry. Many of our competitors raise their rates after merchants sign up for an account. At e-onlinedata we will GUARANTEE OUR RATES IN WRITING. Our rates will remain the same except in the unlikely case that Visa or MasterCard adjusts the Interchange* base rate cost.

e-onlinedata merchant accounts feature No Annual Fees & Gross Daily Settlement.*

We also have No Cancellation Penalties, virtually unique in our industry, provided you notify us in writing prior to terminating your Merchant Agreement with us!!!

*Monthly Processing Minimum: There is a $25.00 Monthly Processing Minimum on every merchant account. This is the minimum amount you must pay each month for your Visa/MasterCard processing. The monthly minimum does not apply to monthly fees, gateway fees or transaction fees.

Example: If your rate is 2.39% and you sell $1100 in goods or services during one month, your total Visa/MasterCard processing fees would be $26.29 ($1100 x 2.39% = $26.29). This amount is greater than the $25.00 monthly processing minimum, so you do not have a minimum during this month.

*GROSS DAILY SETTLEMENT of Visa/MasterCard sales is enjoyed by most e-onlinedata merchants. This means 100% of your V/MC sales are deposited directly into your checking account each business day, making reconciliation of your checking account much easier. Only at the end of each month are your processing and monthly fees debited. NOTE: Some high risk merchants may receive NET DAILY SETTLEMENT (where processing fees are debited before deposit).

*Visa/MC INTERCHANGE is the fee associated with exchange of transaction data between Acquiring and Issuing institutions in accordance with the Visa and MasterCard bylaws and rules. Interchange is the processing fee charged by Visa and MasterCard to charge the cardholders and pay the merchants. The interchange fee is actually paid to the bank that issued the card while the merchant's bank is charged the interchange fee. Merchant transactions are gathered for processing every night, these transactions are routed to the cardholders to be charged, and merchants are credited accordingly.

e-onlinedata is a registered ISO/MSP of HSBC Bank USA, National Association, Buffalo, NY