Rates & Fees

Low Rates and Fees

Total Merchant Services' processing fees for retail merchants are the most competitive in the industry.

	Visa/MC /Discover Discount	Per Transaction
Retail Credit (card present)	1.69%	20 Cents
Debit	N/A	50 Cents
Monthly Statement Fee	$10 Per Month

Note: Accounts that accrue less than $25 processing fees in any month will be billed the difference between processing fees paid, subtracted from $25.00. This is commonly referred to as a "monthly minimum". We do not charge application fees or annual fees If you would like your account to process American Express charges we can set up your account for you - rates set by AMEX.

Tips

If you compare services, be sure to consider the following:

Some bankcard companies charge application fees and annual fees - TMS does not charge these fees.

You can process Visa check cards or MasterCard check cards just like a credit card. If you want to accept debit cards such as Cirrus, Honor or Star these services can be added to your account at not charge. Debit card transaction fees average about 50 cents each with no discount fee applied.

Some bank card companies will require that you obtain a checking account from them or only transfer your funds to you a few times per month. TMS will transfer your funds directly into your existing checking account every day.

Some bank card companies will debit your checking account for the fees from each batch, making check reconciliation very difficult. TMS only debits the fees once per month, which means your batch totals and your deposits will match.