rate watchdog
credit card processing

Government caps rates on Check Card Transactions.
Make sure your rates go down!

On June 29th, 2011, the Federal Reserve ordered a cap on the wholesale cost (Interchange) that Visa/MasterCard and Discover may charge processors for check card transactions.

Based on a $50.00 transaction, the new Interchange cost of check card transactions is 24-cents per transaction, a 45% decrease from the previous 44-cent average. The larger the transaction size, the larger the savings.

This is great news for merchants, as check card transactions typically account for around half of the total volume of transactions they will see in a given month.

This new regulation does not, however, mandate that the credit card processing companies must pass these savings along to you.

Certain pricing structures which offer true Interchange pricing, such as Bankcard Associates Straight Rate Program, will automatically pass these lower rates onto you effective Oct 1, 2011. Many processing companies utilizing tiered pricing, (Qualified, Non Qualified) will not pass these savings through.

To find out if you are currently on an Interchange based pricing structure, (and set to take advantage of this change), or if you are not and would like to be, please feel free to contact us at:


The new Interchange for Check Card transactions effective October 1, 2011 is:
0.05% + $0.21 per transaction


The Straight Rate Program HIGHLIGHTS

One low flat monthly fee!
Process up to 100% of your average monthly Visa/MC/Discover/American Express volume. (Special low rate for extra monthly volume.)

True wholesale rates!
No markup!

Pay only the true published interchange. The same rates processors receive.

No hidden fees!
Simple, 100% transparent program.

No long-term commitment!
Monthly, Annual, and Two year agreements available. Flexible billing options. Free Equipment: With any 2 year agreement for qualified merchants.

All card types!
Experience, professional processing for all credit cards, debit cards and gift cards.

Free equipment!
With any 2-year agreement for qualified merchants. Purchase and rental options available.

Your own support specialist!
Talk to the same person every time you call.

customer service