Understanding Merchant Firm fees
Know what you’ll pay from the start with transparent pricing. When a customer spends money with your business, Merchant Firm only keeps a fraction of the fees, and most of that goes right back into your business.
Card-present payments
2.60%
Processing method:
When a customer taps, dips, or swipes their card in person, you pay 2.6% per transaction. There is a lower risk of fraudulent activity when the cardholder is present.
Card-not-present payments - eCommerce
2.90%
Processing method:
When a customer makes a purchase through your Online Store, Online Checkout, eCommerce API, or pays an invoice online, the fee is 2.9%
Card-not-present payments
3.25%
Processing method:
When you manually key in your customer’s card details or use a card on file, the fee is 3.5%
Here’s a breakdown of where the fees go when you sell with Merchant Firm:
69% Interchange fees When Square processes a transaction on your behalf, Merchant Firm is required to give a percentage of the funds collected to your customer’s card issuer. Assessment fee Merchant Firm is required to give a percentage of the amount collected from your customer to associations — like Master card or Visa — as dues and assessments.
3% Risk and PCI compliance Merchant Firm products are made with end-to-end encryption and support your PCI compliance so you don’t have to pay extra for your data security.
28% Merchant Firm services
Get more services without the extra fees.
- PCI compliant hardware
- Dispute management
- Active fraud prevention
- End-to-end encrypted payments
- Connected POS and processing
- Live phone support
We advocate on your behalf.
Merchants in the U.S. pay over $100 billion every year in interchange fees for electronic payments — a growth of 72% from 2009 to 2022. A large portion of these fees go toward paying cash back and other rewards programs for card members. At Merchant Firm, we have an entire team that works on sellers’ behalf to negotiate with banks and card networks to keep rates as low as possible for our sellers. Choose Flat rate credit card processing and take the guesswork out of your month end processing fees.