Merchant Account Rates
Our company endeavors to have the most competitive rates
in the industry. Our rates start at 1.09% for Swiped Merchants and 1.79%
for Keyed Merchants. Our rates and fees depend on the type of business
you have, whether you are swiping cards or keying cards, which card types
you are accepting, and more.
It is important to understand that varying rates will be applied to your
processing activity as a function of the type of card, the manner in
which the card is processed, and your adherence to required processing
rules. To minimize your costs, it is in your best interests to ensure
that you and your employees follow the procedures to ensure the lowest
The lowest rate, and the rate you should receive most frequently, is your
Qualified Rate. To receive the Qualified Rate on a given transaction,
certain criteria apply including, but not limited to, swiping the card if
you are a swiped merchant, or keying the card with Address Verification
Service (AVS) if you are a keyed merchant. It is also essential that you
close out (batch) your terminal each and every day. If you wish we
will program your terminal to automatically batch each day.
The Mid-Qualified Rate will apply to certain card types and is a rate you
should expect to be assessed with some regularity. Our Mid-Qualified Rate
is extremely competitive, and in many cases, our Mid-Qualified Rate is
lower than other processors’ Qualified Rates.
The Non-Qualified Rate is a premium priced rate assigned to certain card
types, such as cards issued by non-U.S. banks. In addition, if the
merchant fails to batch daily, all card activity will be downgraded to
this rate. To minimize costs, ALWAYS batch each and every day.
Specific criteria for the application of the above
rates varies according to the rate plan we assign to your account.
We always endeavor to assign a rate plan that best suits your processing
profile, as you describe it to us. Plans can always be changed as a
merchant experiences actual processing activity.
The best way to get you the most accurate quote for your
business is to have our experts review your current processing statement.
Please fax your statement to (586) 569-4285 or email your statement
There is no obligation or commitment. We will let you know if
there is a savings to come to Interlink Payment Systems or let you know
your current processor is treating you well and have peace of mind your
get the best deal on your credit processing.