Compare credit card processing rates
|AMOUNT SAVED W/ PAPERLESS|
|BANK OF AMERICA||3.6%||20¢||$7.92|
|TOTAL YEARLY/MONTHLY COSTS|
|+ Paperless Trans.|
|+ BANK OF AMERICA|
|+ Current Rates|
At Paperless Transaction Corporation, we believe in transparency. We also believe that honesty is the best policy.
Many banks and payment processors confuse their clients by adding surcharges to certain card transactions, adding in needless gateway fees or triggering certain fee increases that determine how a client processes transactions.
Conversely, PTC offers straight-forward, discounted pricing for non-profits and churches.
Here are the reasons why our transaction pricing program for non-profits and churches is so cost-effective:
- We only charge you what the card-issuing banks charge us (a wholesale rate). It’s called Interchange Pass-Through, and it ensures that you get the best rate on each card transaction that you process.
- We are able to supply non-profits and churches with subsidies (special, low rates for charities) from Visa, MasterCard, Discover, and American Express (this applies if you are a Federal 501c3 organization or have a non-profit status).
- No gateway fees, no monthly fees and no monthly minimums.
- No matter how the card was processed (Swiped, Keyed, Internet, etc.), we only charge .75% above the Interchange rate to process the transaction.
When you boil it all down, the rate on each transaction ends up being less than 2%. [Download this informative PDF that lists the most common Interchange rates for churches & charities.]
ACH (Electronic Check) Transaction Pricing
Just like our Credit and Debit Card Transaction Pricing, our ACH (Electronic Check) Transaction Pricing is simple: .75% & $.35 per item with no monthly fees or discount rate.