Adam Schiefer, Author at Western Financial

Study Shows Small Business Loan Demand Highest Since 2012

February 25, 2019

A study released today reveals that American small businesses are eager to take business loans, with 48% planning to take out a loan in the next year, the highest level of demand since 2012. The… Read More

Fed’s Faster Payments Council To Focus On Real World Implementation

February 25, 2019

The recently formed U.S. Faster Payments Council is the Federal Reserve Bank’s latest bid to improve speed, security, efficiency, cross-border compatibility and collaboration in payments. Developed by the Fed’s Governance Framework Formation Team…

The Growth Of Prepaid: Who Drives It And How It Is Driven

February 25, 2019

The open-loop prepaid card market experienced accelerated adoption throughout 2017 and is predicted to see loads increase 10% by 2021, reaching a total of $427.7 billion. As consumer trends shift towards digital and loyalty reward… Read More

Debit Adjustment Fee	$5.00/Adjustment	Paper Statement Fee	$0.00
Dialpay Transaction Fee	$0.55/Transaction	Technical Support Calls	$0.00
Chargeback Fee	$12.00/Chargeback	Customer Services Calls	$0.00
Retrieval Fee	$5.00/Retrieval	Merchant Monthly Minimum	$15.00
Batch Fee	$0.07/Batch	Welcome Kit	$6.50
Online Statements and Reporting	$0.50/mo	ACH/DBA Change Fee	$5.00
Voice Authorization	$1.35/Attempt	Merchant Training (Only By Request)	$15.00
Online Payment Processing		Merchant Download¹	$14.00/Download
– One-Time Activation	$59.00	PCI Program	$55.00/yr
– Gateway Hosting Fee	$9.95/mo	PCI Non-Compliance Fee	$25.00/mo
– Transaction Fee	$0.05/Transaction (+ front end transaction fee)	Voyager	3.60% + $0.15
– Batch Fee	$0.07/Batch	Wright Express (WEX)	3.50% + $0.15
Wireless POS		ACH Fee	$0.02/ACH
– One-Time Activation	$40.00/Terminal	ACH Reject Fee	$25.00
– Gateway Hosting Fee	$17.95/Terminal/mo	Electronic Benefit Transfer (EBT)
– Transaction Fee	$0.09/Transaction (+ front end transaction fee)	– Transaction Fee	$0.05/Transaction
Mobile POS		– EBT ACH	$3.00
– Monthly Hosting Fee	$9.95/mo	– EBT Adjustments	$5.00
– Transaction Fee	$0.12/Transaction (+ front end transaction fee)	Credit Tier II Surcharge	0.05%
Micros Transaction Fee	$0.05/Transaction (+ front end transaction fee)	Advantage Buyer Program	$19.95/mo
Address Verification Fee	$0.02/Verification

Western Financial

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