Interchange Fees: This is the majority of all fees paid by the merchant and vary on a percentage basis from .05% + 3.25%. This fee goes to the issuer of the card which are banks like Chase, Capital One, Citibank, Bank of America and the list goes on to include American Express and Discover.

Card Brand Fees: These are fees charged on transactions and paid to the card brands (Visa, MasterCard etc). These fees can be a small percentage, a few pennies or part of a penny on each transaction. These fees have many names and are charged by the card brands.

Processing fees: These are the fees charged to process transactions, maintain your merchant account, and provide customer service.

Let's take things a step further:

As we stated above interchange (1) is the biggest expense and if you click on the links below you will go to the Visa/MasterCard websites and see all the different rates which should appear on your merchant statement unless you have a bundled rate like Square 2.65% + 0.10₵.

Bundled rates have to be priced high because the merchant may only accept the most expensive card types.

Click on the links below to get an idea of the range of the interchange rates for Visa/MasterCard.

Visa Card Brand Link

Visa

MasterCard Brand Link

MASTERCARD

Discover Card Brand**

American Express Card Brand**

**American Express and Discover: Please call us for the latest interchange rates pricing as the American Express and Discover rates are not disclosed on their websites.

Next are the card brand fees (2) which are the fees charged by each brand and this is where they earn their money. Give us a call and we will be glad to send you the latest card brand fees.

Lastly, our processing fees (3) are extremely competitive and volume based. Send us your merchant statement so we can show you what transparency looks like or give us a call to get a direct quote!

Our goal is to help educate you on the fees you should be paying and provide some transparency!

What is PCI?

PCI Compliance – PCI - DSS

PCI Compliance is about providing a safe processing environment where the card data is protected no matter where the card is data is entered: in the store, on your network, or on your website . That involves making sure your computer, your network, and your website are all secure and no cardholder data is being stored. We are here to assist you in meeting the card brands guidelines as outlined under the PCI Security Standards.

To learn more about PCI requirements please click the link below to go to the PCI Security Standard Website.

PCI Security

PRIVACY POLICY

Privacy Policy - Payment Services LLC ("we," "our," or "us") respects your privacy. This policy explains what information we collect when you visit Payment Services LLC, how we use it, and the choices you have. Information We Collect Information you provide: When you contact us, sign up for our newsletter, or create an account, we may collect your name, email address, and any other details you choose to share. Information collected automatically: Like most websites, we automatically collect certain data when you visit, including your IP address, browser type, device type, pages visited, and time spent on the site. This information is collected through cookies and analytics tools. How We Use Your Information We use the information we collect to:

Operate, maintain, and improve our website
Respond to your questions and requests
Send you updates or newsletters (only if you've opted in)
Analyze site usage and trends
Ensure the security of our website

Cookies We use cookies and similar technologies to enhance your browsing experience and understand how the site is used. You can disable cookies through your browser settings, though some features of the site may not function properly as a result. How We Share Information We do not sell or rent your personal information. We may share data only with:

Service providers who help us operate the website (e.g., hosting, email, or analytics services), under agreements that require them to protect your data
Legal authorities when required by law or to protect our rights

Data Retention We keep personal information only as long as necessary to fulfill the purposes described in this policy, unless a longer retention period is required by law. Your Rights You may:

Request a copy of the personal information we hold about you
Ask us to correct or delete your information
Unsubscribe from our emails at any time using the link in any message

To exercise any of these rights, contact us at customerservice@gopaymentservices.com. Security We take reasonable measures to protect your information from unauthorized access, use, or disclosure. However, no method of transmission over the internet is 100% secure, and we cannot guarantee absolute security. Changes to This Policy We may update this policy from time to time. Any changes will be posted on this page with an updated date. Continued use of the site after changes constitutes acceptance of the revised policy. Contact Us If you have questions about this privacy policy, please contact us at: Payment Services LLC
customerservice@gopaymentservices.com
1.800.585.8814