mypaysystems

Anyone know anything about mypaysystems fees etc.

[Dan_Frazier]

Hi,

I am trying to get some info on mypaysystems.com. For one thing, what are their per item fees? They don't say on their web site and their sales dept. is closed for the weekend. I suppose their fees are based on item price and/or volume, but I don't even have clue what their range of fees might be. I am selling products that range in price from $2 to $6 each. I have very very low volume right now.

Also, does anyone know how mypaysystems works when you have two or more web sites with different business names? Will the shopping cart show the different names? Will I need to have separate bank accounts for each web site / business?

Thanks

[helohelo]

hello,
I asked the same, the mailed me back:

We have rebranded our IBA account with MYPAYSYSTEMS I have cut and pasted our rates page,


One time set-up fee $49.00
Type A Discount Rate
and Per Transaction Fee 3.95%* and $1.00*
Type B Discount Rate
and Per Transaction Fee 5.5%* and $0.35*

Rolling reserve 0%
to
5% 6 months
rolling reserve

You may choose the fee structure which best fits your business model. We recommend a Type A 3.95% and $1.00 per transaction fee if your per sale amount is higher and a Type B rate of 5.5% and a $0.35 per transaction fee if your per sale amount is lower.
All rates are subject to approval.

[jacker]

Dan

I am a Sales Exec. here at PaySystems. If you have any further questions, fell free to shoot them my way and I can clarify things for you if need be.

Cheers
James

[Miklo]

I am a Sales Executive at MultiCards. Interesting...:D