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Transnet Payment Systems Inc,

Types of Credit Card Processing

Retail - Swiped Merchant Accounts (card is swiped through a credit card machine)
MOTO - Keyed Merchant Accounts (card is keyed into a terminal or virtual terminal)
Mobile and Wireless - Mobile Swiped and Keyed Merchant Accounts(card is swiped or keyed)
Internet - Internet Merchant Accounts (card is processed through an online store or manually keyed in over the internet)

Merchant Links

- What is a Merchant Account?

- Why do business with us?

- FAQs

- 10 Steps to prevent chargebacks

- About Credit Card Truncation

- Merchant Account Setup
- Retail Merchant Account
- Keyed Merchant Account MOTO

Common Merchant Account Fee's

Retail Merchant Account

1.65 – 10 c/ per transaction

Mail Order / Telephone Order Merchant Account

2.35% - 2 c / transaction

Internet Merchant Account

·        2.35% - 10 c/ per transaction

·        $75 for initial Software Setup

·        $15 month for internet gateway fee's

ARU Merchant Account - Cellular Phone

2.75% – 20 c per transaction

Wireless Merchant Account

·        1.69% - 20 c

·        $15 /monthly wireless fee

Offshore Merchant Accounts: If you are looking for a high risk or offshore merchant account, please refer to our offshore and high risk merchant account division.

·        4.00% processing rate

·        .40 c transaction

·       $300 application fee's

·        10% rolling reserve

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