Merchants who conduct this type of business will generally qualify for the lowest discount from the bank. Telephone and mail order businesses are charged a higher discount rate because of the increased risk associated with this type of business transaction. If a card is not present at the time of the sale, the likelihood of fraudulent activity increases. Moreover, future deliver sales increase the chances that a customer will claim to have never received the product. Special risk merchants, such as adult web sites, pay higher rates.
All banks charge a transaction fee.
The transaction fee is never more than 35 cents. CyberCash merchants pay an additional 10 cents per transaction. But you would expect us to say that. Remember that we truly value your business. That's why we will so work hard to get your merchant account approved.