Merchant Payment Center

Setting up an online merchant account and credit card processing gateway used to be an expensive and laborious endeavor. Our hosting provider has teamed up with Mercantec and Bank One to make it as simple as filling out an online merchant account application. No additional setup fees, no technical integration, and no need to negotiate with other vendors or banks. Here are some of the features:

Paymentech Payment Services Merchant Account:

  • 5 Day funding to merchant's local bank account of their choice
  • 6 Month initial contract, then month-to-month; no cancellation fee                                   
  • Accept Amex and Discover transactions as well as Visa/MasterCard
  • Free Moneta online merchant account reporting software from First Data

Clear CommerceClear Commerce Real Time Payment Gateway:

  • Real time or offline transaction processing
  • Credits, voids, pre-authorzations; e-mail customers
  • Browser based access to sales reports, batch reports; detailed transactions
  • Query by SKU, time period, order number
  • Configurable fraud parameters

With the Merchant Payment Center (included in the SoftCart Pro plan, optional for SoftCart Ultra-Lite and SoftCart Lite) you can take advantage of this integration, saving both time and money!  See details below:

 

Merchant Account Fees Merchant
Payment Center		 Competition
Application/Setup Fee $0 $50 - $200
Monthly Fee $30 $15 - $35
Monthly Statement Fees $0 $10 - $15
Monthly Minimum $0 $25-$40
Transaction Fee $0.35 $0.25-$0.40
Discount Rate 2.50% 2.25% - 4.50%
 
Payment Gateway Service
Gateway Software Fee $0 $200 - $800
Gateway Set-Up Fee $0 $250 - $500
Monthly Gateway Access Fee $0 $25 - $40
Payment Gateway per- transaction fee $0 $0.25 - $0.40

To Apply

After ordering and provisioning of a SoftCart E-Commerce hosting plan, look in the StoreManager for easy access to a Merchant Account Application.  The following information will be needed:

  • Federal Tax ID or Corporation or Social Security # (for Sole Proprietor)
  • Corporate and DBA Name
  • Local (US) Bank Account routing and account numbers
  • 3 Trade references
  • Average transaction size and monthly volume
  • Personal information on principal: DOB, Social Security number, address, phone

Billing

The monthly fee is billed at your regular renewal interval along with your hosting fees. Due to the inherent savings in this package we are not able to provide this service at a discount if you have signed up for a long-term contract for your hosting plan.

Prices are subject to change without notice.