Merchant Services

Every credit card processing company says that they have the lowest rates. They offer
“Interchange plus .XX%” and a “free statement analysis.” But what are the “Interchange Rates”
and why don’t they just tell you the rates instead of offering a statement analysis?

We don’t understand it either. At Western Financial, we are so confident in our low rates
that we publish them daily in black and white. No guesswork. No bait & switch.
Complete transparency. That’s the Western Financial guarantee.

Visa

Mastercard

Discover, China UnionPay, JCB

American Express

	Retail	Restaurant	e-Commerce	Gas Station	Hotel & Car Rental	Passenger Transport
Visa Debit - Regulated, Card Present*	0.10% + $0.25	0.10% + $0.25	N/A	0.10% + $0.25	0.10% + $0.25	0.10% + $0.25
Visa Debit - Exempt, Card Present*	0.85% + $0.20	1.25% + $0.15	N/A	0.85% + $0.20	$1.25% + $0.15	1.25% + $0.15
Visa Debit - Regulated, Card Not Present*	0.10% + $0.25	0.10% + $0.25	0.10% + $0.25	0.10% + $0.25	0.10% + $0.25	0.10% + $0.25
Visa Credit - Card Present	1.56% + $0.15¹	1.59% + $0.15² ³	N/A	$1.20 + $0.30	1.59% + $0.15² ³	1.75% + $0.15² ³
Visa Debit - Exempt, Card Not Present*	1.70% + $0.20	1.70% + $0.20	1.70% + $0.20	1.70% + $0.20	1.75% + $0.20	1.75% + $0.20
Visa Credit - Card Not Present	1.85% + $0.15²	1.85% + $0.15² ³	1.85% + $0.15²	1.85% + $0.15²	1.59% + $0.15² ³	1.85% + $0.15² ³

Above are the most common fee programs and card types. For a complete list of fee programs and card types, visit Visa's website and consult with one of our account managers.
* Regulated = Cards issued by banks with more than $10 billion in assets. Exempt = Cards issued by banks with less than $10 billion in assets
¹ Rewards & Visa Signature cards: 1.70% + $0.15. ² Rewards cards: 2.00% + $0.15. ³ Visa Signature cards: 2.35% + $0.15

	Retail	Restaurant	Convenience	e-Commerce	Services	Gas Station	Hotel & Car Rental	Passenger Transport	Supermarket	Travel & Entertainment	Card Not Present
Mastercard Core Value	1.63% + $0.15	1.78% + $0.15	1.95% + $0.05	1.73% + $0.15	1.20% + $0.10	1.95% + $0.05	1.63% + $0.15	1.80% + $0.15	1.53% + $0.15	2.35% + $0.15	1.94% + $0.15
Mastercard Enhanced Value	1.78% + $0.15	1.78% + $0.15	1.95% + $0.05	1.88% + $0.15	1.20% + $0.10	1.95% + $0.05	1.85% + $0.15	1.95% + $0.15	1.53% + $0.15	2.35% + $0.15	2.09% + $0.15
Mastercard World	1.82% + $0.15	1.78% + $0.15	2.05% + $0.05	1.92% + $0.15	1.20% + $0.10	2.05% + $0.05	1.85% + $0.15	1.95% + $0.15	1.63% + $0.15	2.35% + $0.15	2.10% + $0.15
Mastercard World High Value	2.25% + $0.15	2.25% + $0.15	2.05% + $0.05	2.35% + $0.15	1.20% + $0.10	2.05% + $0.05	1.85% + $0.15	1.95% + $0.15	1.95% + $0.15	2.80% + $0.15	2.55% + $0.15
Mastercard World Elite	2.25% + $0.15	2.25% + $0.15	2.05% + $0.05	2.35% + $0.15	1.20% + $0.10	2.05% + $0.05	1.85% + $0.15	1.95% + $0.15	1.95% + $0.15	2.80% + $0.15	2.55% + $0.15
Debit - Regulated*	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27
Debit - Exempt*	1.10% + $0.20	1.24% + $0.15	1.10% + $0.20	1.20% + $0.20	1.20% + $0.10	0.75% + $0.22	1.20% + 0.20	1.65% + $0.20	1.10% + $0.20	1.10% + $0.20	1.65% + $0.20
PIN Debit - Regulated*	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	0.10% + $0.27	N/A
PIN Debit - Exempt*	0.95% + $0.20	0.95% + $0.20	0.80% + $0.22	0.95% + $0.20	0.95% + $0.20	0.95% + $0.20	0.95% + $0.20	0.95% + $0.20	1.10% + $0.20	0.95% + $0.20	N/A

	All Industries - Card Present	All Industries - Card Not Present
Discover Debit - Regulated*	0.10% + $0.27	0.10% + $0.27
Discover Debit - Exempt*	1.15% + $0.21	1.80% + $0.25
Discover Credit - Consumer	1.61% + $0.15	1.92% + $0.15
Discover Credit - Rewards	1.76% + $0.15	2.02% + $0.15
Discover Credit - Premium	1.76% + $0.15	2.05% + $0.15
Discover Credit - Premium Plus	2.20% + $0.15	2.45% + $0.15

* Regulated = Cards issued by banks with more than $10 billion in assets. Exempt = Cards issued by banks with less than $10 billion in assets

Retail	Restaurant	Services	e-Commerce	Lodging	Travel & Entertainment	Healthcare	B2B/Wholesale	Other
≤ $75: 1.65% + $0.15	≤ $25: 1.90% + $0.15	≤ $400: 1.65% + $0.15	≤ $150: 1.75% + $0.15	≤ $100: 2.30% + $0.15	≤ $100: 2.30% + $0.15	≤ $150: 1.60% + $0.15	≤ $400: 1.60% + $0.15	≤ $100: 1.55% + $0.15
$75.01 - $1000: 2.00% + $0.15	$25.01 - $150: 2.50% + $0.15	$400 - $3000: 2.00% + $0.15	$150.01 - $3000: 2.10% + $0.15	$100.01 - $1000: 2.65% + $0.15	$100.01 - $1000: 2.65% + $0.15	$150.01 - $2000: 1.90% + $0.15	$400.01 - $7500: 1.85% + $0.15	$100.01 - $3000: 1.90% + $0.15
$1000+: 2.45% + $0.15	$150+: 2.80% + $0.15	$3000+: 2.45% + $0.15	$3000+: 2.55% + $0.15	$1000+: 3.05% + $0.15	$1000+: 3.05% + $0.15	$2000+: 2.35% + $0.15	$7500+: 2.30% + $0.15	$3000+: 2.35% + $0.15

Card Not Present: add 0.30%

Why are there so many different rates for different card types, industries, etc.?

Because this is how the card associations (V/MC/D/Amex) have designed it. They have assigned different wholesale or “interchange” rates based on industry risk, type of card used (e.g. Rewards cards have higher rates to subsidize the “Reward”), the dollar amount of the transaction, and so on.

Some processors like Square® and PayPal® offer flat rate pricing. Why don’t you?

Because they are overcharging you. Square®, for example, charges a flat 2.75% rate. PayPal® charges 2.9% + $0.30 per transaction. Intuit® charges 2.40% + $0.25. If you compare those to our rates in the table above, you can see that those far exceed what we charge for the most common card types. For Regulated Visa Debit cards we charge 0.10% + $0.25 while Square® charges 2.75% for the same cards. That is a massive difference, especially considering that close to 50% of all card transactions are made with Debit cards.

Are there any other fees?

We do not charge a monthly fee, cancellation fee, or require any minimum commitment length. There may be other fees depending on the type of processing you do, whether you have chargebacks, etc. A complete schedule of our fees can be found here. Most of these fees will not apply to most merchants (e.g. Authorize.net fees will not apply if you do not use Authorize.net). So if you have any questions about any of these fees or whether you will need to pay them, consult with an account manager and refer to your Merchant Processing Agreement.

Can I get a free terminal?

Yes. We offer a free terminal at sign-up for merchants that meet minimum processing requirements.

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

Lowest Credit Card Processing Rates Guaranteed

SEE EXACTLY WHAT OUR RATES ARE. NO GUESSWORK. NO BAIT & SWITCH. NO COMMITMENT REQUIRED.

CURRENT CREDIT CARD PROCESSING RATES AS OF 09/26/2021^†

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