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Credit Card Processing Rates & Fees

Payment Gateways
  • Process your online shopping cart payments electronically.
  • Our payment gateway interfaces with any shopping cart software.
  • Our flexible programming API let's your payment processing work the way you do.
  • Our omni channel approach means one account processes all your payment needs.
  • Payment security is a top priority with our PCI compliant processing.
  • Process debit cards, credit cards, even gift card and loyalty cards on your site.
  • Recurring payments, buy now buttons and next day deposits are a snap with NTC.

Benefits and Features

More Information

Looking for the best credit card processing company for your business? Look no further than National Transaction Corporation. We can handle your credit card transactions whether they are retail (Card Present) Over the Phone (Card Not Present) over the internet, or a combination, we can help no matter how large or small your business is.

Set up a merchant account the easy way. Get a FREE rate review and take advantage of our lowest rate guarantee. Process your first payment in as little as 48 hours.

No Contract Lock In
Wholesale Equipment Costs
Family Owned Since 1987
24/7 World Class Support
Lowest Rates & Fees Available
Next Day Funding Available

Payment Processing Solutions

  • Credit and Debit Card Processing:
    • Accepting all major credit and debit cards (Visa, Mastercard, Discover, American Express)
    • Processing card-present transactions (in-person) through POS terminals, card readers, and mobile devices.
    • Processing card-not-present transactions (online, phone, mail order) through online payment gateways and virtual terminals.
  • Alternative Payment Methods:
    • Accepting mobile wallets (Apple Pay, Google Pay, Samsung Pay)
    • Processing ACH payments (direct bank transfers)
    • Facilitating contactless payments (NFC)

2. Payment Gateway Services

  • Secure Online Payment Gateways:
    • Providing a secure platform for processing online payments.
    • Integrating with various e-commerce platforms and shopping carts.
    • Supporting different payment methods and currencies.
  • Virtual Terminals:
    • Enabling merchants to process card-not-present transactions through a web-based interface.
    • Providing secure storage of customer payment information (with tokenization).
    • Offering recurring billing and subscription management features.

3. Point-of-Sale (POS) Systems

  • POS Hardware:
    • Providing a range of POS terminals, card readers, and other hardware to suit different business needs.
    • Offering mobile POS solutions for businesses on the go.
  • POS Software:
    • Providing software for managing inventory, tracking sales, and generating reports.
    • Integrating with accounting and CRM systems.
    • Offering features like employee management, customer loyalty programs, and gift card processing.

4. Value-Added Services

  • Security and Fraud Prevention:
    • Implementing PCI DSS compliant solutions.
    • Offering fraud detection and prevention tools.
    • Providing chargeback management services.
  • Reporting and Analytics:
    • Providing detailed transaction reports and data analytics.
    • Offering insights into sales trends and customer behavior.
  • Customer Support:
    • Providing 24/7 customer support via phone, email, and chat.
    • Offering technical support and troubleshooting assistance.
  • Gift Card Programs:
    • Helping merchants create and manage their own gift card programs.
  • Loyalty Programs:
    • Developing and implementing customer loyalty and rewards programs.

5. Specialized Solutions

  • Industry-Specific Solutions:
    • Offering tailored solutions for specific industries like restaurants, retail, healthcare, and e-commerce.
  • High-Risk Merchant Accounts:
    • Providing payment processing solutions for businesses considered high-risk.
  • International Payment Processing:
    • Supporting multi-currency transactions and international payment methods.
What's Behind That Rate You Were Quoted? We offer accounts for $0 monthly, 0% per transaction or rates below 1% per transaction.

As Far As Rates Go, There Are Two Types Of Transactions:
Keyed transactions are entered by manually typing in the customers credit card and personal information into a credit card terminal, or virtual terminal solution.

Swiped transactions typically have the cardholder and the credit card present at the time of sale. From the perspective of the credit card company, a swiped transaction is generally more secure than a keyed entry and therefore lower rates apply to those types of transactions. Two other factors that also affect the rate applied are the type of card used and the information surrounding the transaction.

There is no single transaction rate for merchant service accounts. In fact there are over 1300 rate categories governed by Visa. With so many variables involved, a single rate quote is virtually useless. This is why we offer a free rate review for all our potential merchants. Beware of any merchant account provider that quotes you any single percentage as a rate, you will pay too much when you actually begin to process credit cards.

Card Types:

Various card types exist further complicating the question of rates. Even though cards may look alike and be issued by the same bank to the same cardholder, there are different card types. Rewards cards for example, are the cards that people use to get cash back at the end of the year. These are the cards we use to get airline miles as well. There are corporate cards that are issued to a company for use by their employees, debit cards and several others. Each of these takes consideration in the discussion of rates and shows why there isn't a single rate applied accross all cards. If there were a single rate accross these cards, it would have to be set higher than necessary for all the other card types.

Credit card processing merchant accounts have many factors to consider when determining a rate that will be applied. Often, merchants are quoted a single low rate such as 1.5%. This is a very misleading number as there are many ways to process credit cards on any given transaction. Rates are calculated by knowing all the variables involved for a specific transaction. It all begins with the type of transactions you host.

Business Types:

Fast Food Restaurant Credit Card Processing.
Fine Dining Restaurant credit card processing.
Fast Food is processed at a different interchange rate than Fine Dining. There are a lot of subtle differences in business models and Visa MasterCard and American Express set their rates accordingly.
Similarly Paying for gas at the pump with your credit card that gives you airline miles is different than going into the convenience store at the gas station and paying for both gas and a cup of coffee or other refreshments perhaps with your debit or EBT (electronic benefits transfer) card.
gas station credit card processing.
convenience store credit card processing.

Rates are also attributed to certain business types and some industries have smaller niche business types. Consider a restaurant, which might deliver to the cardholder, another one might be fast food, still another might be a fine dining establishment. Each of these would be considered differently as to their credit card processing rates. Gas stations and travel agents have additional requirements that can also affect the rates of certain types of credit card processing as well. The easiest way to accurately answer what your processing rates will be is to ask for our Free Merchant Rates Review. Call today for yours.
  • National Transaction Corporation
  • April , 2024 | 2024-04-19