Merchant Rates and Fees

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Merchant Rates and Fees

IMSinstantpay has a number of solutions domestic and international with over 50 banks around the world. The merchant discount rates and fees for tangible and intangible goods sold on the Internet vary. Our rates and fees depend on your business model and the risk associated to your business. Initially setup fees are charged from processing once your merchant account is approved. We will send you a proposal with rates and fees; you make the decision whether you want to acquire or decline the solution.

Direct Merchant Accounts – US and Canada

  • Direct merchant account with bank and the rate is 2.00% (General eCommerce).
  • Daily payouts.
  • No reserves.
  • No credit card processing is required – approval is based on credit.
  • Incorporation may not be required.
  • No monthly fee.
  • Chargeback fees are $20.00.
  • Transaction fees .20
  • Wire fee is determined by bank - varies between $20.00 or funds are ACH.
  • Refund fee .50 cents
  • No minimum settlement amount
  • Customer verification fee .35 – if required
  • Approval takes 48 hours provided that we receive all the documents
  • Payment options – Visa, MasterCard, Discover, Amex, JCB and ACH
  • Multiple currencies available

International Direct Merchant Accounts

  • Direct merchant accounts with bank – rates vary between 3.0 % - 6.5%.
  • Setup fee from processing once approved can be between $500 - $1000.00.
  • We require 3-6 months processing history.
  • Payouts are twice a week or 3 times a week or weekly.
  • The arrears or hold back is 5-7 days.
  • 5-10% reserves with 6 months rolling reserve (rolling reserves are reduced if chargebacks are low).
  • Incorporation is required in the bank’s jurisdiction.
  • Monthly fee is $50.00 - $150.00.
  • Chargeback fees are $30.00 - $35.00 depending on chargeback ratio.
  • Transaction fees (authorization and decline) are between .35 to .70 cents.
  • Wire fee is determined by bank - varies between $35.00 - $85.00.
  • Refund fee $1.00 - $10.00.
  • Minimum settlement amount $1500.00.
  • Customer verification fee .35 to .70 cents – if required.
  • Approval takes 4- 10 days provided that we get all the documents
  • Payment options – Visa, MasterCard, Amex, JCB and ACH
  • Multiple currencies available

High risk Merchant Accounts

  • Direct merchant accounts with bank – rates are between 4% - 8%.
  • Payouts are weekly with 10-14 days in arrears.
  • Setup from processing once approved can be between $500.00 - $2500.00.
  • We require 3-6 months processing history.
  • 5-10% reserves with 6 months rolling reserve (rolling reserves are reduced if chargebacks are low).
  • Incorporation may not be required.
  • Monthly fee is $100.00 - $250.00.
  • Chargeback fees are $30.00 - $75.00 depending on chargeback ratio.
  • Transaction fees (authorization and decline) are between .35 to 1.25 cents.
  • Wire fee is determined by bank - varies between $35.00 - $85.00.
  • Refund fee $1.00 - $10.00.
  • Minimum settlement amount $2500.00.
  • Customer verification fee 0.35 to 0.70 cents – if required.
  • Approval takes 7- 10 days provided that we get all the documents
  • Payment options – Visa, MasterCard, Amex, JCB and ACH
  • Multiple currencies available

3rd Party Aggregate Merchant Accounts or Shared Merchant Accounts

  • Merchant account or mid is shared – rates are between 6% -12%.
  • Payouts are weekly with 10-14 days in arrears.
  • Setup from processing once approved can be between $500.00 - $1500.00.
  • Incorporation may not be required.
  • 10% reserves with 6 months rolling reserve.
  • No credit card processing is required.
  • Monthly fee is $100.00 - $250.00.
  • Chargeback fees are $30.00 - $75.00 depending on chargeback ratio.
  • Transaction fees (authorization and decline) are between .35 to 1.25 cents.
  • Wire fee is determined by bank - varies between $35.00 - $85.00.
  • Refund fee $1.00 - $10.00.
  • Minimum settlement amount $2500.00.
  • Customer verification fee 0.35 to 0.70 cents – if required.
  • Approval takes 48 hours provided that we receive all the documents.
  • Payment options – Visa, MasterCard, Amex, JCB and ACH
  • Multiple currencies available

Six Month Rolling Reserve

We follow Visa and MasterCard Operating Regulation by observing the 6 month rolling reserve regulation. The reserves are based on the FIFO method – first in first out. After the 7th month, the first month reserves are released and so on. The reserves are normally 5% to 10% on net deposits and it is dependent on how much risk we have to take base on your business model.

Credit cards and echecks/ACH processing with IMS


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