Credit Card Processing & Merchant Accounts
» neoMerchant aims to provide a simple and easy to use website for merchants to learn about our credit card processing services. We offer competitive prices and even a free shopping cart so you can
concentrate on running your business.
Merchant Account Pricing Comparison
| Service | Industry Standard | neoMerchant |
| Merchant Account Application Fee | $95-$250 Non-Refundable |
FREE |
| Setup Fee | $49 - $150 | FREE |
| Internet Credit Card Processing Software with Web Terminal | $195-$495 | FREE |
| Checks by Web, Phone, and Fax: Allows you to accept checks via the Internet, phone, or fax. |
$300 | FREE |
| Web Shopping Cart | $300 | FREE |
| Programming Charge | $50-$95 | FREE |
| Shipping and Handling Charge | $20-$35 | FREE |
| American Express Setup Fee | $25-$50 | FREE |
| Average Approval Time | 1 - 2 weeks | Instant approval |
| Technical Support Hours | 8am-8pm Monday-Friday | 24 hours per day 7 days per week |
| Credit Restrictions | Very strict | Not an issue |
| Internet / Mail / Phone Order Discount Rate | 2.95% | 2.39% |
| Internet / Mail / Phone Order Transaction Fee | 35-50 cents per transaction |
25 cents per transaction |
| Retail Discount Rate (face-to-face sales) | 1.95% | 1.85% |
| Retail Transaction Fee (face-to-face sales) | 30-45 cents per transaction | 25 cents per transaction |
| Statement/Customer Service Fee | $12-$20 per month | $10.00 per month |
| Internet Processing Software Gateway Fee | $35-$45 per month | $29.95 per month |
Pipeline Data Inc. is a registered ISO/MSP for FDIC insured Wells Fargo
Bank, Walnut Creek, CA.
American Express and Discover require separate approval.