Credit Card Merchant Account Rate Comparison: Wells Fargo, Square Reader, Chase

Merchant Resources, credit-card-processing.com, compares its credit card merchant services to those of Costco Merchant Services, Intuit Quickbooks, Square Reader, Wells Fargo Merchant Services, and Bank of America Merchant Services.

Merchant Resources called the 1-800 listed on each of the above credit card merchant services and discovered a variety of differences outlined below:


Square Reader Swiper

Base Retail Visa/MC rate of 2.75%
Key Entered Rate of 3.5%

The square reader is a good solution for merchants that are seasonal, since SquareUp does not have any monthly fees. Merchants consistently over $10 per sale in Visa/MasterCard volume per month, have better options at:
www.credit-card-processing.com


Bank of America

1.69% Base Retail Visa/MC rate
3.19% Mid-qualified rate
Over 4.35% Non-qualified rate
Terminal cost on a lease of $28.95 per month or purchase for $599
No contract until filing-out personal information using social security number, etc.

Bank of America was transparent regarding their high discount rates.


Merchant Resources offers the following:

1.25% for debit/credit card with no pin
1.65% for base Visa and MasterCard, Discover
No Monthly Fees
FREE Terminal, cellular phone Swiper or POS for restaurant

If a business has a low average ticket, Merchant Resources can provide a transaction fee of 5 cents.

To receive a free no obligation merchant account quote, visit

Video Link: credit-card-processing.com or call 1-888-895-3129.

Media Contact
Company Name: Merchant Resources
Contact Person: Jim Johnston
Email: merchantconsult@gmail.com
Phone: 1-888-895-3129
Country: United States
Website: http://www.credit-card-processing.com