Bubzeebub, first you have your discount rate ( the % that it cost you per transaction). Second you have the price per transaction or interchange. Third you have to be aware of the statement fee, monthly min.,customer service fee, debit fees and chargeback fees. Let us not forget the mid and non qualify rates. If you have any questions let me know, I would be happy to explain.
[edited by: Woz at 12:15 pm (utc) on Sep. 30, 2004] [edit reason] no specifics please, see TOS#13 [/edit]
We've been in the merchant account biz for years. We never charge startup fees. It's pure profit for any merchant account provider. Not that there's anything wrong with profit. But, there's enough money in processing on the back end not to have charge fees upfront. The only exception is for hard to place high risk accounts that need to be taken over to Western Europe for placement. But for US accounts, it's always free. You ought to easily be able to find someone who'll do it for free.
I'd do it for you but we specialize in high volume accounts only. Just do a search on merchant accounts. Tell 'em what you want. Be sure they are including a free gateway too. Get Verisign or something other than AuthNet. Be sure to ready your contracts before signing.