Merchant Focus offers premium accounts with no monthly fees, and all established merchants qualify for "Interchange-Plus" pricing.
A web developer sets up an ecommerce website for a company that has around $20,000 dollars in credit card sales per month.
If the merchant's average ticket is say $50 that means that they do around 400 transactions per month.
If a merchant has a discount rate of 2.20%, that means there is a roughly 20 basis point markup on the transaction. The 20 basis points breaks down to roughly .20 cents per $100 processed.
The transaction charges for e-commerce transactions are usually 20 cents per transaction. With an average ticket of $50, that means there are roughly 400 transactions per month. Roughly 9 cents of this is markup (varies slightly by card brand). The statement fee varies between $10 to $20 per month--so lets just say $15 as an average. The Payment Gateway is usually between $10 to $25 per month. This equates to about a $10 markup on average.
So lets see what a Merchant Focus Reseller could expect on a deal like this.
| $20,000 volume x 20 basis points = Merchant Account Statement = Payment Gateway = 9 cents per transaction X 400 transactions = |
$40 |
Sub total = |
$101 |
With a 30% split, you would get an additional $30.30 per month. ($101 x 30%) = $30.30 per month or $363.60 per year.
To learn more about becoming a Reseller, please contact us at 800-895-4085 ext. 17 or email Brad at bvicroy@merchantfocus.com.