Credit Card Processing Rates

What are Easy Pay Direct's credit card processing rates?

Easy Pay Direct's published rates are 2.69% + $0.36 per transaction for online card payments, 1.59% + $0.19 per transaction for swiped card payments, and 1% + $0.29 per transaction for ACH and eCheck. The setup fee is $99 and is waived if documents are submitted within 24 hours. Typical monthly fee is $25. Custom pricing is available for high-volume businesses.

Why is the Easy Pay Direct online rate higher than Stripe's advertised 2.9% + $0.30?

Stripe's advertised rate of 2.9% + $0.30 is the headline number. In practice, most businesses processing on Stripe and similar PayFacs pay well above 4% once cross-border fees, dispute fees, instant payout fees, and other surcharges are included. Easy Pay Direct's 2.69% + $0.36 is the rate you actually pay. We have seen clients with a 2.9% advertised rate run an effective 4.54%, a difference that has saved one client over $75,000 in a single year after switching.

What is interchange-plus pricing and who qualifies?

Interchange-plus pricing passes through the card network interchange cost to you directly and adds a small fixed markup, instead of bundling everything into a single flat rate. It is generally the most transparent and lowest-effective-cost structure for businesses processing $50,000 per month or more. Easy Pay Direct offers custom pricing to qualifying high-volume businesses on request.

Are there any hidden fees on an Easy Pay Direct merchant account?

No. Every fee on a standard Easy Pay Direct account is published upfront: the per-transaction rate, the setup fee, and the monthly fee. Chargeback fees, PCI compliance support, and decline recovery tools are included with every account. We do not bill cross-border surcharges, instant payout fees, or other PayFac-style add-ons that drive up effective rates.

Is the $99 setup fee really waived?

Yes. The $99 setup fee is waived when all required underwriting documentation is submitted within 24 hours of starting your application. Most clean files qualify. Your Certified Payment Specialist will tell you upfront whether your file qualifies for the waiver.

Why is the monthly fee "typically $25"?

The standard monthly fee is $25, which covers gateway access, reporting, and PCI tools. For some business types, for example, very low monthly volume accounts or accounts that require additional risk monitoring, the monthly fee may differ. Your Certified Payment Specialist will confirm your exact monthly fee at quote time, before the account is placed.

Can I get a lower rate than the published rates?

Yes, for high-volume businesses. Businesses processing $50,000 per month or more typically qualify for interchange-plus pricing, which usually delivers a lower effective rate than the published flat rates. Apply and a specialist will run a free rate analysis against your most recent processing statement.

Do you charge for ACH and eCheck transactions separately?

Yes. ACH and eCheck transactions are priced at 1% + $0.29 per transaction, a meaningful discount versus card rates for high-ticket and B2B businesses. ACH support is included on every Easy Pay Direct account at no additional monthly cost.

Are there cancellation fees or long-term contracts?

No long-term contracts. Standard accounts can be closed without an early termination fee. Specific custom-quoted accounts for very high-volume merchants may include negotiated terms, those terms are always disclosed in writing before the account is placed.

How do I get a custom rate quote for my business?

Apply on this page or talk to a specialist. Provide your most recent processing statement and a specialist will run a side-by-side comparison against the rates you are paying today. There is no obligation and no charge for the rate analysis.