TRANSPARENT PRICING

With a broad range of international banking relations, MerchantScout is uniquely able to offer various bespoke pricing models.

Accept payments by:

1. MERCHANT RATE

There are two ways the merchant account can be set up:

Interchange++ Rate

markup from 0.50%

Each transaction is subject to different interchange fees. The final rate for the merchant is calculated as the sum of the Interchange Fee and the Card Scheme Fee as set by Card Schemes (Visa/MC) and involved banks. On top of that, a fixed mark-up is added by the payments provider (acquirer/processor). The Interchange and Card Scheme fees vary based on merchant’s and cardholder’s issuing bank locations and type of card. The final rate can be as low as 0.95% for our EEA merchants. Interchange Rates Explained

Fixed Rate

from 0.95%

We also offer a more traditional method of applying a merchant discount rate. Merchants may opt for this pricing model if they want to maintain simplicity. Every sale is charged with the fixed percentage fee as set out in the agreement. The final rate is determined by the payment provider during initial assessment, based on risk category, sales volume and geographical distribution; it can be anywhere between 0.95% and 5.50%. We mostly use this model for high-risk, non-EEA merchants.

2. PROCESSING FEES & TERMS

In addition to above rate, the below fees apply for most setups within EEA:

  • Gateway transaction fee - €0.10 - €0.25
  • Transaction limitations = NONE
  • Monthly maintenance fee - €0 - €20
  • MID setup fee - €0 - €100
  • Bank annual registration - €0-€950
  • POS terminal lease - €18 - €35
  • PCI compliance scan service - free
  • Refund fee - €1.00
  • Chargeback fee - €15 - €24
  • Virtual Terminal - FREE
  • Payout delay - 1 - 7 days
  • Funds Remittance - Daily - Weekly
  • Rolling Reserve - 0% - 10% (90-180 days)

LOOKING FOR LOWER CARD PROCESSING FEES?

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