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Premier Payment Systems - Comparing Rates
Merchant Account Rates Comparison
Whether you are a new merchant shopping provider for a merchant account or looking to switch merchant account provider, Premier will provide you with a side-by-side rate comparison. Rates and fees vary from processor to processor. While many processors have similar rates, it is sometimes difficult to tell what the best option for your business is due to the slight variances and different terminology used for the same type of fee.For example, if your business has a high average ticket your best option would be paying a higher per transaction fee and a lower discount rate. The discount rate is deducted from the gross amount of the sale but per transaction fees are a set amount charged per transaction. If your business has a low average ticket then your best option would be paying a higher discount rate and a lower per transaction fee.
Average ticket of $100
| Discount Rate | Discount Fee | Per Transaction | Total Fees |
|---|---|---|---|
| 1.85% (x $100) | $1.85 | $0.15 | $2.00 |
| 1.75% (x $100) | $1.75 | $0.20 | $1.95 |
| 1.65% (x $100) | $1.65 | $0.25 | 1.90 |
Average ticket of $15
| Discount Rate | Discount Fee | Per Transaction | Total Fees |
|---|---|---|---|
| 1.85% (x $15) | $0.28 | $0.15 | $0.43 |
| 1.75% (x $15) | $0.26 | $0.20 | $0.46 |
| 1.65% (x $15) | $0.24 | $0.25 | 0.49 |
Premier will provide you with a side-by-side comparison of our rates to any competitors as well as show you how to figure what your approximate total fees will be based on your actual or estimated monthly volume and average ticket for each processor. Take advantage of this FREE educational opportunity and let us show you what the rates really mean! Fill out the confidential form below and one of our NO PRESSURE rates analysts will contact you in a timely manner.
Please do not fax your statements until you have been contacted by one of our rates analysts. Please expect to be contacted within 24 to 48 hours of completing this form.
Premier Payment Systems specializes in merchant accounts. Our expertise will help you select the best merchant account solution for your business and our "meet or beat" policy will provide you with access to low, competitive rates. Premier maintains a policy of "meet or beat" or any competitor's offer*.
We provide merchant processing services to satisfied merchants nationwide and we can't wait for you to join our list of satisfied clients.
You may also submit your proposal or statements via email to rates@ppsbankcard.com . Please include a contact name and phone number so we may contact you regarding any questions we might have. Please allow 3 to 4 business days for your rate comparison to be complete.
*Meet or Beat Policy: In order to request a price match from Premier, we request that the offer in its entirety and/or merchant processing statements reflecting current and accurate charges are presented to Premier for review. Due to the varying ways that fees can be structured by different service providers within the payment processing industry, providing the requested documentation is needed for Premier to verify the legitimacy of a claim of a lower priced offer.
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Did You Know?
| Did you know...our private labeled gateway is approved on the following platforms: Concord/Buypass, FDMS-Nashville, Global Payments - East, Paymentech Salem, Vital, and Interlink? Did you know...you can use our gateway and keep your existing merchant account? Simply send us the appropriate configuration information from your merchant provider and we'll have you integrated in less than 24 hours. |
MAILING ADDRESS
Premier Payment Systems
2625 Butterfield Rd
Suite 104S
Oakbrook, IL 60523
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of us as a "silent partner",
who is as interested as you are
in making your business run in
an efficient and cost-effective manner.
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