merchant account pricing

Regneel Prahalad's Avatar

Regneel Prahalad

16 Jun, 2016 10:47 PM

Hi, the price for cheddar getter $79/month + $0.20/transaction but I'd have to pay extra for a merchant account correct? How much does that average

  1. 1 Posted by Drew Songer on 17 Jun, 2016 02:19 PM

    Drew Songer's Avatar

    Hi Regneel,

    That is correct. Merchant account pricing varies for a number of reasons and is determined by the merchant service provider. An upper estimate( pricing similar to Stripe and Paypal) is 2.9% + $0.30 a transaction, although it may be possible for you to secure a rate at 2.4-2.6%.

    The only way to find out for sure is to get the underwriting process started. Fill out the form here, and we will try to get you pointed in the right direction.

    Best,
    Drew

  2. Marcela Poffald closed this discussion on 11 Apr, 2018 04:00 PM.

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