Monthly Minimum Fee

We generate our profit when a merchant processes. When there is zero processing volume or very little, a monthly minimum helps make the account profitable. A $25 minimum is charged by default. The minimum is calculated by multiplying your discount rate against your total sales for the given month. This amount is then subtracted from your minimum and you are charged the difference. For example, if you had $750 in sales for January and are paying 2.00% as your qualified rate, you would be charged the difference of $10.00. Ex: $25.00 - ($750 X 2.00%)

On the other hand, if you processed $1,300 in charges, you would not be charged as it equals or exceeds the minimum. Keep in mind you are only charged the difference and not simply a flat $25.00 fee.