1.49 for visa and 1.55 for MC but those are not premium card. typical will be at near 2.
Moneris charging .125% for card brand fee via Evalon at .09 % can't remember monex.
Debit at 5 cents for moneris and 6 cents for evalon. Just an example.
Entrepreneurship & Small Business
May 1st, 2015 8:00 am
1.49 for visa and 1.55 for MC but those are not premium card. typical will be at near 2.
May 1st, 2015 8:12 am
What u mean premium card? Typical =?
May 1st, 2015 8:37 am
Sorry when I meant typical is what I see ppl used mostly point / rewards card. yes I understand premium are infinite or world card.
May 1st, 2015 9:07 am
Maybe you could also provide the rates quoted for Non-Qualified and Interchange Differential? That's where - in general, the big money is. Thanks.
May 1st, 2015 9:45 am
of course I am going to read all fine print before signing to anyone. but that is what my email say from a moneris rep quote. non qualified and key in add .25%. yes the interchange is a lengthy long chart too much to write it down. but those number are before card brand fee which I posted earlier for moneris at .125 and evalon at .09Cristian_01 wrote: ↑Maybe you could also provide the rates quoted for Non-Qualified and Interchange Differential? That's where - in general, the big money is. Thanks.
Btw, I posted the link in another thread, just search for "moneris interchange rates". Find their posted rates on the Moneris site and also go to their FAQ. You will find a lot of interesting stuff, like "Target Qualification Rate" for example.
The "Standard" (qualified) Visa Interchange Rate is posted at 1.52%. Somehow I doubt they will offer you 1.49%. (Check their FAQ for "interchange rate")
So your 1.49 and 1.55 may not be exactly what you pay - other than absolute base rates. You need to verify before you sign up.
Cristian.
Jul 6th, 2015 4:40 pm
Jul 6th, 2015 5:22 pm
Those are the Interchange rates, not what they charge you. Click on the large-volume page to see what Cost+ price you pay. Under 50k a month would add .18% to the interchange rate as well as 8 cents per transaction.Jermyzy wrote: ↑Does anybody use Helcim? I'm looking to switch credit card processors. Any experience with their service? Here are there rates:
https://www.helcim.com/ca/pricing/visa- ... nge-rates/
Jul 6th, 2015 5:27 pm
Sorry, you are correct, here are there rates:
Jul 7th, 2015 6:33 pm
You likely won't get interchange plus with moneris if you are a small business owner.Jermyzy wrote: ↑Sorry, you are correct, here are there rates:
https://www.helcim.com/ca/credit-debit- ... s/pricing/
How do these compare to rates from companies like Moneris? I like how their pricing is transparent. Are these the current rates for Moneris?
http://www.moneris.com/merchant-support ... 23_15.ashx
If so, it seems Helcim is significantly cheaper?
Feb 27th, 2016 4:45 pm
Feb 29th, 2016 11:25 am
Depends on a few factors.
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