Our store is ready to roll except for the payment processing. We use Elavon via Costco in our physical store and would like to set it up with SC.
Which option, if any, is for Elavon?
Thank you!
Our store is ready to roll except for the payment processing. We use Elavon via Costco in our physical store and would like to set it up with SC.
Which option, if any, is for Elavon?
Thank you!
Answering my own question. LOL
Looks like it might be called, "Virtual Merchant"... I will call Elavon and see what info I can get.
you can use another gateway with them, I kept my current authorize.net gateway and use them and works great.
Here is what Elavon has to offer by the way:
Visa/MasterCard/Discover:
Qualifying rate: 1.99% + 27 cents which includes debit cards, rewards cards, traditional cards.
Mid qualifying rate: 2.91% + 32 cents which includes Small Business credit cards.
Non qualifying rate: 3.75% + 32 cents which applies for international or corporate credit cards.
American Express:
3.5% flat for all no "plus" fee.
I may look into Authorize.net as well. Thank you!
Been using Elavon since day 1 (Costco) - Also known as Virtual Merchant...
I love the fact that their minimum is only $10.00 per month if you do not meet their commission rate (I think that happened to me once)...
Also, for me, a huge + is the money is in your bank account the next day (sometimes even at the end of close on same day)... I have heard from others that sometimes it is a few days before you actually get the money!
Works for me and works well!
John
Never got the money next day with them, (could be becuase i am not using there gateway), although that would be nice, doesnt matter (had that with Bank Of America, but rates and fees where higher.
I never realized the min fee was $10.00 thats not bad at all exspecially since theres no statement fee for exec members, i figured i save quite a bit with them, and the costco membership is the best thing becuase i save more on other services then I pay for the membership.
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