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| Restaurant
Merchant
Services (Virtual Terminal)
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The NexCommerce virtual
terminal makes it easy to
process payments with user friendly, Internet and online
merchant services, backed by top-notch technical support.
Whether a business has a brick and mortar or web presence,
NexCommerce has an Internet payment product to meet any
merchant's needs and exceed their expectations.
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How
much does NexCommerce cost for swipe?
Unlike some online merchant services, NexCommerce has a
very simple and cost effective fee schedule with an
option for bundled gateway and merchant account service.
Compare NexCommerce's fees with the typical fees of
other online providers below:
Restaurant Merchant
Services Rates with Virtual Terminal:
| Fee
Comparison |
NexCommerce |
Online
Competitor |
| Acceptance
Rate: |
98%
Approved |
Usually
Lower |
| Account
Setup: |
Waived
($0) |
Varies |
| Gateway
Setup |
None |
$50
- $100 |
| Application
Fee: |
None |
$50
- $100 |
| Compatible
Swipe Credit Card Reader |
$85
(unless you currently own one) |
$99-$150 |
| Discount
Rate: |
Visa/MC "Interchange Plus" discount rates available. |
1.75
- 2.00% |
| Per
Transaction: |
$0.15
- $0.23 per trans* |
$0.25
- $0.40 |
| Monthly
Statement Fee: |
$7.99 |
$10
- $15 |
| Monthly
Gateway Fee: |
$10.99* |
$15
- $30 |
| Monthly
Minimum: |
None |
$15
- $25 |
| Annual
Fee: |
None |
$49
- $99 |
| Virtual
Terminal for Mail/Phone order transactions: |
Free,
includes online reporting! |
$5
- $20/mo. |
| Recurring
Billing |
Contact
us if you need this option. |
$20+
per month |
| Tech
Support |
Authorize.net
Phone and Email support. |
Email
only or none at all. |
| Cancellation
Fee: |
None |
$250 |
| *We
meet or beat most rates, if you receive a lower
overall quote in writing from another provider
contact us and we'll adjust our rates to meet or
beat the overall quote. Interchange Plus
pricing is also available to select merchants. |
| Pre-Apply:
Pre-Apply
for the NexCommerce Restaurant/Swipe Virtual
Terminal option. |
NexCommerce
Virtual Terminal Features and benefits?
If you can log on to the
web you can use this system. Other features that
NexCommerce merchants enjoy are:
- Funds are deposited into your existing checking
account (some other services require you to use their
own assigned checking account).
- Your own name or business name appears on the
customer's statements, not the name of the merchant
processor.
- Ability to be used by
businesses or individuals (Tax ID not necessary).
- Higher allowed
transaction amounts than other online services.
- Mailed monthly
statements.
- Both phone and email
tech support (provided by Authorize.net).
- Instant online
transaction reporting.
Get
Started or Ask Questions
Contact
us if you have questions on any of our products or merchant services.
Other
Restaurant Options
View
other restaurant merchant services options.
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Thompson Merchant Services, Inc.
PO Box 9058, Savannah, GA 31412
Local Phone: 912-925-4880
Toll Free Phone: 800-298-9656
Email:
info@thompsonmerchant.com
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Thompson Merchant Services, Inc. is a registered ISO/MSP of Chase Paymentech.
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