There are many factors that determine your merchant account fees. Despite this, every merchant is different, and an exact dollar amount cannot be determined until we can learn about your business.
In five minutes, we can pre-qualify you over the phone. This will also guarantee that we don’t waste any of your valuable time. Some factors that help determine your merchant account fees include:
To get started today, just click the button below.
When searching for merchant services, figuring out the merchant account fees can become overwhelming. Some payment processors try to sell you on a low discount rate and lead you on without even knowing your name. At Instabill, we take the time to get to know you and your business so we can deliver the best possible credit card processing solution and let you know exactly what you will have to pay and when.
For a more specific estimate of merchant account fees you may have to pay, contact one of our live merchant account managers today by calling 1-800-318-2713.
Click to expand each section and learn more about our merchant account fees.
With an e-commerce merchant account, you can expect to pay the following fees and costs:
If you are uncertain of any merchant account fees listed in your bank’s terms and conditions, be sure to ask before signing and returning your contract.
Based on your processing history, you can receive payouts:
Your acquiring bank will determine your payout schedule. You will receive payouts from your acquiring bank via wire transfer to the bank of your choice. Payouts are available in 18 major currencies.
The rolling reserve fund* is a small amount of money that the bank holds against your payment processing to cover contingencies, such as chargebacks and refunds. The reserve is a fixed percentage amount based on your weekly sales volume, usually between 5-10%. Your acquiring bank will place the money into a rolling reserve fund, and six months later, you’ll receive a payout of these funds. (See the chart below.) While most US banks do not require a rolling reserve fund, many offshore acquiring banks do.
|Processing Week||Sales Volume||Amount Withheld||Payout Week and Amount|
|January 2-8||$10,000||$1,000||July 2-8 for $1,000|
|January 9-15||$15,000||$1,500||July 9-15 for $1,500|
|January 16-22||$20,000||$2,000||July 16-22 for $2,000|
*Please note that the rolling reserve fund only applies to high risk, international and third party merchant accounts.
Instabill offers a variety of merchant accounts to many businesses processing card-not-present transactions, including the following:
Contact us online or call us toll-free at 1-800-318-2713 to figure out what type of merchant account is best for your business.
Our payment gateway supports more than 160 major currencies, including US dollars, Euros, Great Britain pounds, Canadian dollars, Japanese yen, Australian dollar, Swiss franc, Swedish krona, and Indian rupee.
At Instabill, we take all of your important business factors into consideration when preparing your free merchant account quote. Your merchant account manager will make sure you have all the information you need before signing a contract, including the costs you will have to pay. If you are ready to receive your free quote, simply click the button below. Speak directly with a merchant account manager by clicking the chat box at the bottom of your screen or call 1-800-318-2713.