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Competitive, hassle-free, clear pricing

With a broad range of international banking relations, 247ccNow offers some of the lowest pricing in the industry.

1. Merchant Discount Rate

Merchant discount rate is a percentage charged from every sale amount. There are two ways your merchant account can be set up:

Interchange++

markup from 6.95%
Each transaction is subject to different interchange fees. Final rate for the merchant is a sum of Interchange Fee and Card Scheme Fee set by Card Associations (Visa/MC) and involved banks. On top of that a fixed markup added by the acquirer/processor. Interchange and Card Scheme Fee vary based on merchant and cardholder's issuing bank location and card type. Final rate can be as low as 6.95% for our EU/UK/US merchants.
More info
OR

Blended Rate

from 6.95%
A more traditional method of applying a merchant discount rate. A merchant may opt for this pricing model if they desire to keep things more easy. Every sale made by the merchant is charged with the fixed percentage fee. Final rate is determined by the payment provider during initial assessment based on risk category, sales volume and geographical distribution, it can be anywhere between 6.95%-9.50%. We use this model mostly for high risk non-EEA merchants.
More info

2. Processing Fees & Standard Terms

In addition to above rate, below fees are added. Final fees may vary based on acquirer used for MID setup.
Gateway transaction fee
$0.10 - $0.25
Transaction limitations
none
Monthly maintenance fee
$0 - $500
MID setup fee
$0 - $1,000
Bank annual registration
$0-$1,995
Refund fee
$9.95
Chargeback fee
$15 - $30
Payout cycle
1 - 14 days
Funds Remittance
Weekly - Monthly
Rolling Reserve
0% - 30% (90-180 days)
Get a quote for your business today:
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What's included?
Merchant Acquiring Bank

Merchant Account

Direct MID with one of the banks/PSPs in EU/UK/US or internationally.
Online Payment Gateway

Payment Gateway

Award winning PCI-compliant gateway with full API integration and latest features.
Dedicated Support Agent

Dedicated Agent

Dedicated agent from 247ccNow for faster approval and an ongoing support.
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