Most internet merchant account processors will charge a $25 Monthly Minimum - which means if you’re not processing around $1200 a month in Visa/MasterCard transactions, you can be charged an additional monthly fee up to $25 for your credit card processing. Learn more…
Many internet merchant account providers require you to sign a 2-3 year contract - and then if you cancel early for any reason, most will change you a $200-$500 early termination fee. Learn more…
A lot of other credit card processing companies (especially those offering you a “free” terminal) will charge you a yearly fee that ranges from $30-$200. They’ll either call it an annual fee, membership fee, or a risk assessment fee. Learn more…
| Type | Discount Rate | Transaction Fee | Monthly Bank Fee |
| Internet & Keyed Rates | 2.19% | .20 | $10 |
| Retail & Swiped Rates | 1.75% | .20 | $10 |
| *NO Monthly Minimums *NO Application Fees *NO Cancellation Fees | |||
With The Transaction Group, ‘your success is our success’.
And while I recognize that may sound a little cliched, it’s actually the absolute truth.
Unlike most other merchant account providers, we don’t make you sign any long term contracts or charge you a cancellation fee – so we know that you can leave us at any time.
By necessity for our own survival and growth, this motivates us to make sure all of our merchants have dependable service, receive strong support, and enjoy extremely competitive credit card processing rates.
TTG has been providing retail and internet merchant accounts for all types of businesses for over 5 years now. Throughout this period we have maintained a client base of satisfied merchants – in fact, you can read here what some of our existing merchants have to say about TTG.
And since we don’t charge you any monthly minimums, annual fees or the like, we ourselves only make money when your business succeeds and has customers purchasing your products or services using their credit cards.
So truly, ‘your success is our success’.
Whether you’re a home-based business, a mom & pop operation, or a Fortune 500 company, our commitment to you and your business is to provide you with a cost effective and dependable retail or internet merchant account solution.
We invite you to take your business to the next level. Contact us to start accepting cards today or to enquire about how to take advantage of our cheap merchant account discount rates so you can reduce your current credit card processing rates and improve your bottom line.
Thank you… and we wish you continued success.
Michael L. Rupkalvis, President
The Transaction Group
Refunds and Voids - What’s the Difference?
There will be times for whatever reason that your customers will ask for their money back. When is it considered a refund and when is it considered a void?
A void is when you cancel the transaction before it has a chance to settle. Usually it’s only possible to void […]
If you’re going to do business online it’s important you have a credit card processing solution that fits all of your businesses needs. In addition to setting up an internet merchant account, you’ll also need to decide which type of online payment gateway you’ll need.
If you take orders over the phone or face to face, […]
Congratulations! You’ve taken that first big step by setting up an internet merchant account for credit card processing. Now that you’ve been approved, what do you do next?
1. Activate your AuthorizeNet online payment gateway – once your internet merchant account has been approved, you’ll receive an email from Authorize Net with gateway activation instructions. You […]
Tis the season to check your internet merchant account rates.
Surviving the busy holiday season? Finished shopping? You might be tired of shopping for all of your friends and relatives but do yourself a favor and shop around for a better internet merchant account rate the first of the year. Once you get over the hump […]
This past week we posted comments on a number of merchant account blogs.
1) Selecting a Payment Processor : a discussion on choosing the right provider for a subscription-based business
2) Paypal vs. an Internet Merchant Account : the advantages of having an internet merchant account, instead of a third party processor such as PayPal
3) Merchant Account […]
This week we found two articles on the internet that we thought might be of interest to merchants who accept credit cards:
Taking Payments Online Need Hold No Fear for Businesses
Internet Merchant Account (But Beware)
These articles deal with the basics of internet merchant accounts; some chargeback issues; and the costs of both internet and retail credit […]
