My business accepts all of its payments over the phone so Payment Transaction Systems gave me a moto rate.

Note:"MOTO" refers to "mail order-telephone order". Since these transactions don't take place in person, they're considered riskier and carry a premium.

"My discount merchant account rate with Payment Transaction Systems are:

2.19% for credit cards (regular credit cards)

1.89% for check cards.

$0.30 per transaction fee.

a monthly fee of $19.99 (includes a statement fee and a virtual terminal. I did not need to buy a credit card terminal.)

We have No monthly minimums, No Batch Fee, No Annual Fee, no set up, no application fee, no AVP.

This was the best scenario for my business. There fees are low and their service is great.

-Stephen Andale

Owner

Restaurant Equipment Wholesale

"MOTO account, 1.98% + $0.19 per trans / $8 statement fee / no contract, no minimum."

– Parts wholesaler-- owner, Memphis TN

Note: High Volume Merchant i.e $300,000 per month in processing