Merchant Account Rates


Retail Merchant Account Rates

The following lists our retail rates where the credit card is physically present and swiped through a card reader. This is usually a storefront, however, these rates also apply to tradeshows, home parties, or any situation in which the credit card will be swiped. Star Merchant Payments offers a free conversion program for merchants and service providers who would like to switch from their current processor to take advantage of our low rates.

Rates & Fees As Low As

Industry Average

Star Merchant Payments

Retail Discount Rate

1.85%

1.69%

Retail Transaction

25 ¢

19 ¢

Monthly Service Fee

$10 – $15

$9.95

Batch Fees

25 ¢

$0.00

Deposit Funding

48-72 hours

Next Day Available*

Note: Rates and fees above is a summary only and may not be all inclusive; all fees are listed in the merchant application and agreement. Minimums may apply to some accounts.

Internet and Ecommerce Merchant Account Rates

Listed below are our rates and fees for Internet/Ecommerce merchant accounts required for transactions processed from a website. Typically a virtual shopping cart is used, but not required. If you currently process credit cards with another merchant services provider, check out our low rates. Star Merchant Payments offers a free conversion program for merchants and service providers who would like to switch from their current processor to take advantage of our low rates.

Rates & Fees As Low As

Industry Average

Star Merchant Payments

Retail Discount Rate

2.65%

2.27%

Retail Transaction

35 ¢

24 ¢

Monthly Service Fee

$10 – $15

$9.95

Batch Fees

25 ¢

$0.00

Deposit Funding

48-72 hours

Next Day Available*

Note: Rates and fees above is a summary only and may not be all inclusive; all fees are listed in the merchant application and agreement. Minimums may apply to some accounts.

Wireless Merchant Account Rates

The following lists our wireless merchant account rates where transactions will be swiped through a wireless terminal. The credit card is usually physically present. Star Merchant Payments offers a free conversion program for merchants and service providers who would like to switch from their current processor to take advantage of our low rates.

Rates & Fees As Low As

Industry Average

Star Merchant Payments

Retail Discount Rate

1.85%

1.69%

Retail Transaction

25 ¢

19 ¢

Monthly Service Fee

$10 – $15

$9.95

Monthly Wireless Fee

$20 – $25

$15.00

Batch Fees

25 ¢

$0.00

Deposit Funding

48-72 hours

Next Day Available*

Note: Rates and fees are above is a summary only and may not be all inclusive; all fees are listed in the merchant application and agreement.

Phone Processing Rates

The following lists our phone processing rates. This allows you to charge any credit card by using any touch tone phone. The card may or may not be physically present. Star Merchant Payments offers a free conversion program for merchants and service providers who would like to switch from their current processor to take advantage of our low rates.

Rates & Fees As Low As

Industry Average

Star Merchant Payments

Phone Discount Rate

3.50%

2.99%

Phone Transaction Fee

35 ¢

24 ¢

Voice Auth Fee

$1.50

75 ¢

Monthly Service Fee

$10 – $15

$9.95

Batch Fees

25 ¢

$0.00

Deposit Funding

48-72 hours

Next Day Available*

Only charged if you call the 800 voice auth line to authorize a tranaction.
Note: Rates and fees above is a summary only and may not be all inclusive; all fees are listed in the merchant application and agreement. Minimums may apply to some accounts.

Mobile Swipe Processing Rates

The chart below lists our mobile processing rates and fees for transactions involving credit cards and signature debit cards. The cards are swiped through a reader attached to an app-equipped smartphone or tablet. Star Merchant Payments offers a free conversion program for merchants and service providers who would like to switch from their current processor to take advantage of our low rates.

Rates & Fees As Low As

Industry Average

Star Merchant Payments

Discount Rate

2.75%

1.69%

Transaction

25 ¢

19 ¢

Monthly Service Fee

$10 – $15

$9.95

Batch Fees

25 ¢

$0.00

Deposit Funding

48-72 hours

Next Day Available*

Note: Rates and fees above is a summary only and may not be all inclusive; all fees are listed in the merchant application and agreement. Minimums may apply to some accounts.

Check Processing and ACH Rates

eCheck ACH check processing allows you to charge your customer’s checking account for purchases. The check may or may not be present, and the information from the check or checking account is keyed in for processing. Star Merchant Payments offers a free conversion program for merchants and service providers who would like to switch from their current processor to take advantage of our low rates.

Service

Industry Average

Star Merchant Payments

Setup Fee

$100

$50

Monthly Cost

$20

$10

eCheck Transaction Fee

45 ¢

35 ¢

ACH processing provides you the ability to electronically debit or credit a customer or business’s checking or savings account utilizing four different methods to capture checking information. Recurring billing is a feature that comes with your Star Merchant Payments ACH processing and allows you to set up tokenized recurring billing for automated processing of credit card, signature debit card and ACH transactions. This is a great option for consumer payment plans!

 


Star Merchant Payments is a wholly owned subsidiary of Star Financial Services, Inc one of the largest providers of secure payment processing in the Baltimore Washington DC area. Offering merchant services and products that can help businesses of all sizes and industries grow and prosper. We offer tailor-made solutions to merchants and service providers, financial institutions, independent sales professionals and referral/reseller partners.