Important Disclosures

1 Card-swiped rate applies to qualified swiped Visa/MC/Discover network transactions and requires the CellCharge card reader. Most rewards, corporate and special card types are not considered qualified.

2 Key-Entered Rate will be charged on all qualified manually keyed Visa/MC/Discover Network transactions that have verified addresses. All Visa/MC/Discover network transactions that do not meet the requirements for card-swiped and or key entered rates will be charged a non-qualified rate of 3.69% for smart phone, traditional, and VT.

3 Elimination of per transaction fee does not apply to American Express transactions. Different discount rates for American Express.

4 Offer available while supplies last and for a limited time only. Valid for new customers only. Account approval required. Free Credit Card Reader is compatible only with select phones; Call to see if your phone is compatible. Once approved, you will be provided information in your approval email on how to download the application. Offer cannot be combined with any other offer. Only one free offer redemption per business or principal. Terms, conditions, pricing, features, service and support are subject to change without notice.

FANF Fee

Affective April 2012

In response to The Durbin Amendment that became effective in October 2011 Visa has implemented a new fee called FANF (Fixed Acquirer Network Fee)

The following is a chart showing how much the typical business will pay to Visa for it’s monthly FANF fee. These fees are charged monthly and are based on the following criteria:

1. If your business swipes cards you will pay a set FANF fee based on the number of locations your business has. This is based on your Federal tax id number. If each of your locations has its own tax id number – then they will be treated as seperate businesses.

2. If you key enter your sales over the phone or process cards over the internet your FANF fee will be based on the monthly volume you run.

3. We have been told that if you run both types of transactions you will be charged both fees.

Please see the chart below to get an estimate of what you will be charged for your businesses monthly FANF fee.

Card present (non high-volume MCC’s)
# of locations $ per location per month
1
2
3
4
5
6 – 10
11 – 20
21 – 50
51 – 100
101 – 150
151 – 200
201 – 250
251 – 500
501 – 1000
1001 – 1500
1501 – 2000
2001 – 4000
> 4000
$2.00
$2.00
$2.00
$2.90
$2.90
$2.90
$4.00
$4.00
$6.00
$8.00
$10.00
$14.00
$24.00
$32.00
$40.00
$50.00
$60.00
$65.00
Card not present, Fast food, and Aggregators
Monthly Sales Volume $ per month
< $50
$50 – $199
$200 – $999
$1,000 – $3,999
$4,000 – $7,999
$8,000 – $39,999
$40,000 – $199,999
$200,000 – $799,999
$800,000 – $1,999,999
$2,000,000 – $3,999,999
$4,000,000 – $7,999,999
$8,000,000 – $19,999,999
$20,000,000 – $39,999,999
$40,000,000 – $79,999,999
$80,000,000 – $399,999,999
> $400,000,000
$2.00
$2.90
$5.00
$7.00
$9.00
$15.00
$45.00
$120.00
$350.00
$700.00
$1,500.00
$3,500.00
$7,000.00
$15,000.00
$30,000.00
$40,000.00