Understanding the total costs of your merchant provider and the cost of doing business online is somewhat of a “Hat Trickâ€ÂÂ. Online or eCommerce venues require multiple components between your customers and your bank account. Each component eats away a piece of your profits. Typical Merchant Account fees include; Up Front Application Fees; On Going Fixed Fees; Discount Rate; Fixed Transaction Fees; Termination Fees; and Miscellaneous Fees. An Internet Payment Gateway continues billing for: Gateway Set up Fees; Monthly Service Fees and additional Fixed Transaction Fees. Paycents could reduce your typical merchant fees and charges by 40%. Paycents offers qualified Merchant Accounts for $7.00 per month and fixed transaction fees for $0.25. Gateway fees are $7.00 per month and $0.12 fixed transaction fees. Paycents also completely eliminated application and setup fees.
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