Tel: 800-795-6676 — Fax: 847-973-9971
E-mail: customerservice@independentmerchants.com
1010 Sunset Road, Spring Grove, IL 60081
Proud Members of the Better Business Bureau of Chicago and Northern Illinois
~PRODUCT & RATE COMPARISON~
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Get more Information and comparisons of merchant services and credit card processing at the following websites: creditcardprocessors.net cheapestmerchantaccounts.com merchant-account-services.org
variety of programs vs. one standard program which the majority of processing companies are locked into. Since each and every business has different needs, we don't believe in "one program for all", what works for one doesn't necessarily work for the next! It's a little like the credit cards you may carry - if you pay your balance in full every month, the interest rate is not important but not having an annual fee is, whereas, if you carry a balance, a low interest rate may be worth paying an annual fee. We work with you to determine the program that best fits your needs and we make it stress free, understandable, and affordable, with never any hidden fees. |
|
Service |
What Others Charge (Industry Standard) |
|
| Discount Rate-Visa/ Mastercard Debit |
0% |
1.77%-3.65%+ |
| Discount Rate- Retail |
1.54%-1.72% includes dues and assessments |
1.77%-3.65%+ |
| Discount Rate- Internet/Mail Order/Phone Order |
2.09% includes dues and assessments |
2.6%-15% |
| Discount Rate- High Risk Merchants |
2.09% includes dues and assessments |
3.6%-15% |
| Per Transaction Fee |
Retail - 10- 20 cents- Mail/Phone/Internet-.19- .25 all fees included |
$.25-$1 |
| Monthly Minimum Quotas/ | NONE. No monthly minimum quota to meet or penalties to pay if quota is not met. | $25-$50 |
| Statement Fee |
$.00 - $6.00 |
$10-$20 |
| Application Approval Time | Same day ,often within 2 hours, (on faxed applications) to 3 days on high volume accounts (over $100,000 a month). | 2-6 Weeks, or more. |
| Application Fee |
FREE |
$95-$395 |
| Training/Installation Charge |
FREE |
$95-$195 |
| Site Inspection |
FREE |
$50-$150 |
| Setup Fee |
FREE |
$50-$295 |
| Shipping/Mailing/Postage | FREE | $50-$75 |
| Amex/Discover Setup | FREE | $75-$150 |
|
SOFTWARE |
FREE |
$295-$495 |
| Fraud Protection |
INCLUDED |
? |
| Per Ticket Item Surcharge |
FREE |
$.12-$.50 |
| Require a business checking account? | NO, a sole proprietorship does not require a business checking account, a personal checking account may be used. | YES |
| Equipment Leases | As low as $14.95 per month, Lease to Own, lease is always transferable, no first and last payment required! Overnight replacement warrantee is included! (a $15 a month value) | $49-$100 per month, 48 month lease, lease often non-transferable, little or no warrantee on equipment. |
| Equipment Rental |
Now Available! |
Rarely Available |
| Upfront Lease Fees |
NONE |
First and Last lease payments up front are standard. |
| Equipment Purchase |
Available |
Not Always Possible |
| Equipment Warranty |
Lifetime Overnight Replacement Warranty is included! |
$15-$20 per month-usually not overnight replacement |
| Equipment Maintenance Package |
FREE |
$10-$25 per month |
| Customer Support |
TOLL FREE 24/7/365 for existing clients*(different phone number) |
8-5 pm Mon-Fri |
| Customer Advocacy |
Call Independent Merchant Services! |
None |
| Access to Funds | 48 hours to Your Current Bank Account, we don't ask you to open a checking account with us, so you get to keep your current banking relationship! | 48 hours to 30 days, sometimes you are required to have your checking account through the processor. |
Call today for your free, no obligation, personal consultation with one of our friendly, knowledgeable specialists, you'll be glad you did!
After all , you should not need a PHD to do this!
And a real person will answer in 6 rings or less!
1-800-795-6676