This is due to recurring payments for box rental fees, fees for forwarding of mail, and fees for other special services. Most processors add surcharges for these manually keyed transactions that are in excess of the actual surcharge imposed by the Visa and Mastercard organizations. For the average MPC, the manually keyed transactions do not create any more risk for the processing bank than the swiped transactions create. Most transactions are for recurring charges for existing, and continuing customers. These transactions will not be disputed.
Any excess surcharge is completely unjustified.
Privacy Merchant Mall Lowest Effective Rate Merchant Services del Rey provides the lowest swipe rates that are available. In addition, all surcharges for manually keyed transactions are exactly the amount of the surcharge that is imposed by Visa and Mastercard. This results in a much lower average effective rate than the rates charged by other merchant banks and processors. The accounts that we provide have a very low monthly fee and a low monthly minimum. For most accounts, the monthly minimum fee is irrelevant.