Merchants that are typically face-to-face with their customers, 'swiping' credit cards, are considered "Retail" merchants. Visa/MasterCard Int'l provides 'retail' transactions with the best possible rate. When a credit card is sucessfully swiped through an electronic terminal, the merchant typically pays the "Qualified Rate".
DB Financial carries a full line of all of the latest equipment, as well as the work-horse-type of "swipe" machinery. Happy with your current equipment? Often we can simply reprogram it. Our service is compatible with at least 95% of the terminals on the market.
Pricing varies based on processing history, including Visa/MC volume, average ticket, and credit/chargeback experience. For merchants new to processing Visa/MC, estimates are used.
DB Financial offers Swipe-Over-IP processing. or internet processing. Instead of the standard 15-40 seconds terminals will often take, Swipe-Over-IP cuts the approval turnaround to less than 1 second! Imagine how much quicker your customers will be able to move through line! Imagine how many more customers you will get!
Gift and Loyalty Program:
Catalog companies, or Mail/Telephone Order (M/TO) merchants, do not usually see their customers, and therefore cannot swipe credit cards. Please click on Mail Order Merchants for more infomation.