Virtual terminal and Internet payment processing

Internet Payment Processing for Internet Merchant Accounts
With our Internet processing you get two ways to process your credit card transactions.
Virtual Terminal and Real Time Processing
Both are included allowing you to enter your own transactions in real time on the Internet, or letting your customers do it. .
The Virtual Terminal is handy for any merchant with who would rather connect to the Internet with an ordinary browser to submit their sales transactions. Follow a few instructions on the screen and the transaction is posted in real time.

We issue and setup accounts for merchants wanting to sign up with Authorize.net merchant gateway solutions. Authorize.net does not issue merchant accounts. They require companies like ours to issue a merchant account then access their account setup services. Read more about Authorize.net services that are available here at MasterCard-VISA.com

If you want to accept credit cards in real time on your web site:
Utilize the existing order form or shopping cart on your web site to process orders. Then link to it with the gateway (like Authorize.net) to accept payments on your secure page.
All you have to do is enter one line of html code into your page. No software "wallet", "e-cash" or memberships needed as required by other services.
No need to change your hosting service, no software required, and
you don't need to purchase an SSL enabled secure page, it's provided.. Payment information is encrypted and secured through a link to the commerce server
from your web pages, providing confidence to your customers to pay on-line.
You'll automatically receive an email containing the payment confirmation when a transaction is approved.
Internet Fraud Screening functionality helps minimize chargebacks and avoid fraudulent charges.
You can look at past transaction history, issue credits and refunds, all right from your computer.

Internet processing requires a standard merchant account combined with an Internet Gateway.
General pricing below is subject to approval.

$75 account setup

Standard Merchant Account Cost:
$10 statement fee
2.59% Internet MC/Visa Discount Rate.
.35 cent transaction fee.

$25 monthly minimum

.0259% x (monthly sales) =
(.0259 x $1000 = $25.90 would exceed the $25 monthly minimum and nothing would be owed),
If you do at least $1000 in sales each month, this does not apply to you. If you do less than $1000 your fee is pro-rated from $1 to up to $25. If you have no sales, you would owe $25. If you do $500 in sales, your fee would be about $12.50.

Additional Cost for Internet Account:
$10 gateway fee
.10 cent gateway transaction fee

That's all it takes to accept credit cards on the Internet.

If you want to have a merchant account setup for you, or for an exact quoted,
call us or fill out our application.

Meramak Bankcard Merchant Account Services