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87E10

May_15

1 1.91
2 1.92
3 1.92
4 1.92
5 1.94
6 1.94
7 1.94
8 1.91
9 1.91
10 Off
11
12 1.95
13 1.97
14 2.02
15 2.07
16 Off
17
18 2.07
19 2.07
20 2.05
21 2.05
22 2.10
23 2.09
24
25
26 2.03
27 2.03
28 1.98
29 2.04
30 2.10
31

 


Credit Card Processing Arrangement 

Schedule A Pricing Sheet 

Major expense in Retail and Fuel Service Station is Credit Card Processing. Everybody has to pick and chose the brands, ie. Visa, Master, American Express, Discover, Debit Card etc.., You keep adding brands more and more, cost keep going up and up. + Re-Sellers, Distributors, Exchange Brokers and many other entities between you and Interchange want to make living out of your transactions.

IGSOA has negotiated the deal direct with Interchange by passing all the entities in between to cut the cost.

As a result, now you can get your transactions processed without adding overhead for any third party direct through Interchange Authorities using IGSOA Membership to bring your cost down. Not only cost but now you can simply accept anyt debit, credit, reward, Gift card without any additional cost, as well as you gets the equipments for Free. There is flat fee of $25 per month as long as your membership with IGSOA is active. If you are not an active member of IGSOA, your fee for equipment is $40 per month.

No long term Contract, you can return the equipment anytime you like.

The system works just fine with any Fuel Service Operating System, including Veriphone, Gilbarco, Ruby, sapphire, Passport etc..

Discount Rate (Pass Thru)

Interchange Pass-Thru

Visa, MasterCard, Discover, Voyager, WEX,  Fuelman Cards

1.

Fees applied on every transaction - Visa, MasterCard and Discover assess an Interchange Rate; Interchange Fee,

Association Fee & Assessment Fee for each transaction. These rates and fees are “Passed-Thru” at cost to the merchant.
 

2.

Fees Applied on every Transaction - Processor Fees (BankCard Services).

 

 

 

     

 

 

 

Authorization / Per Item Fees
 

MasterCard / Visa / Discover Authorization

0.10 Cents

Pin Debit Authorization Fee

0.10 Cents

American Express / JCB Authorization Fee

0.10 Cents

MasterCard/ Visa / Discover Rate 0.00%

0.00%

     

 

3. One Time and Periodic Fees

One time Fee

Monthly Fees2

Annual Fees

Application Fee

$100

Monthly Fee

$10.00

Annual PCI Fee

$120

Igsoa Members

$0.00

Igsoa Members

$0.00

Igsoa Members

$0.00

 

Per Incidence Fees charged every time your account incurs one of the below items

Chargeback

$10.0

Charged when a cardholder or card-issuing bank formally protests a charge

ACH Reject

$30.00

Charged when unable to debit fees from your account

Batch Fee

$0.00

Charged for each batch of transaction(s) you submit for settlement

AVS (Address

Verification Services)

$0.00

C h a r g ed when customer enters address verification on terminal

Online Access

$0.00

No charge for accessing your account online

Statement

$0.00

No charge for mailed statements

Supplies

By Order

Charges for supply orders vary based on the items ordered.

               

  

Interchange Pass-Thru pricing

 

Your pricing methodology is based on Interchange pass through. This means for all Transactions you submit for processing. BankCard Services will charge you the applicable Interchange rate for the Transaction. Interchange rates are set by the Payment Brands Visa®, MasterCard® and Discover®

 

FOR IGSOA MEMBERS ONLY

NO ONE TIME FEE &  NO  PERIODIC FEE

NO APPLICATION FEE,  NO MONTHLY FEE  &  NO  YEARLY  PCI  FEE

----------------------------------------------

IGSOA MEMBERSHIP FEE IS US$1,000 PER YEAR.

IGSOA MEMBERSHIP FORM

Fill it UP, Fax to (937) 435-5556

You will get approval letter within 72 hours.

 

 

 
 
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Last modified: Monday June 01, 2015.