Mercury Payment Systems Interchange Plus Pricing Like any processor, Mercury has the ability to assess charges via an interchange plus pricing model.
Even when Mercury offers interchange plus pricing, its possible your fees will be padded.
Also allows for simple processing of Gift transactions and offers other transaction types listed above.
Please note that new merchant accounts are subject to a site inspection prior to approval.Mercury Payment Systems Bundled Pricing Mercurys pricing model of choice is bundled (tiered) pricing, and it uses Global Payments as its processor, so its bundled statement format matches that of Globals.The protection can be used in the event of costs incurred by audits, credit card replacement costs, or fines by card companies for security breaches.Mercury offers customized promotional material in the form of a promotional card to encourage a purchase.Mercury Payment Systemsoffers custom or express gift cards.Mercury is charging.0595 for both, which.04 and.044 more than true cost.For other production requirements, please call ( ) or request uiccu rewards checking a".We will note that we reviewed an October 2015 application for processing through Mercury and found that the assessment fees listed are correct.
After Mercury has charged its qualified rate cashback shopperdiscountsand rewards co uk and transaction fee, it proceeds to assess a second round of charges to the same sales volume in a section on its statements called surcharges.
The commission paid to the POS developer is calculated as a percentage where to buy shell gift cards of profits earned by Mercury on the businesses referred by the developer.Early termination fees do apply, with some customers charged 295 and other contracts including a higher 495 fee.As you can see from section 13 term AND termination of Mercurys terms of service, the cancellation fee is the greater of 495 or the lost profits on an account.These lawsuits clearly illustrate that interchange plus pricing isnt a silver bullet, so be sure you know what youre getting when signing up for processing.PCI Compliance and Breach Coverage, mercury Payment Systems partners with Trustwave to help businesses with PCI compliance and stay protected from fraud and security problems.Mercury is charging.0595, which.04 more than true cost.Have you used Mercury as your credit card processor?