How and why can SecureNet save me money?
SecureNet® can save you money because we care about our merchants. We give you comprehensive, state-of-the-art credit card processing services at the lowest possible cost. Let us provide a FREE analysis of your current processing costs and show you how to save money.
How do I get the best rates?
Have your current credit card statement analyzed by a certified Merchant Services Professional to receive the best possible service at the best possible rates for you and your business.
What factors drive rates & prices?
There are several factors that drive the rates and prices you pay to process a transaction; several of them are listed below:
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Issuing Banks
Industry Sector
Swiping or Not Swiping a Card
Card Type (e.g. Corporate Card)
Average Ticket
AVS (Address Verification)
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Processors
ISOs
MSPs
Acquiring Banks
Number of Annual Transactions
Invoice Information
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At SecureNet a Certified Merchant Services Professional who has had extensive training on providing the best possible service at the best possible rates will guide you into the program that is best for you and your business.
Benefits of Online Processing?
There are many benefits of online processing. With SecureNet's SecurePOS™ you can throw away your traditional dial terminal. Our technology enables you to harness the power of the web to process your credit and debit card transactions. In fact, SecureNet is the only company in the world that allows you to turn your PC into a full "Card-Present" credit card terminal.
Through the use of SecureNet Technology you can perform the following:
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Card Swipe / Card Present
Card-Not-Present
MO/TO
e-Commerce
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Electronic Signature Capture
PIN-Debit
Secure Data Storage
Recurring Billing
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What are Interchange, Dues, Assessments and Fees?
Interchange, Dues, Assessments and Fees are the rates that Visa, MasterCard and Discover charge to the Merchant Processor in order to process a credit- or debit card. More specific definitions are below:
Interchange: The base "% Rate" the Issuing Banks charge the processor in order to process a credit- or debit card. Generally the rates are 1.54% for a Credit Card and 1.03% for a Check Card.Click here to view the latest Visa & MasterCard interchange chart.
Dues:The base "$ Rate" the Issuing Banks charge the processor in order to process a credit- or debit card. Generally the rates are $0.10 per transaction.
Assessments:The base "% Rate" that Visa, MasterCard and Discover charge the processor in order to process a credit- or debit card. The rates are as follows: Visa 0.0925%, MasterCard 0.0950%, Discover 0.0950%.
Fees:The "$ Rate" that Visa and MasterCard charge the processor in order to access the Visa and MasterCard processing platform. The rates are $0.005 for an Authorization and $0.0035 for a Settled transaction.
What are some things I should look for on my Merchant Processing Statement?
Many times Merchant Processing companies deceive merchants by providing them with very good "Qualified Rates" (the rate you get when you swipe the credit- or debit card) but very bad "Mid- or Non-Qualified Rates" (the rate you get when you do not swipe the credit- or debit card). This rate differential becomes very important depending upon how you process credit- and debit card transactions.
