merchant account comparisons

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Welcome to IMS

Credit Card Program Rates and Product Comparison

E-Check program

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Glossary of Common Terms

Being independent, we have the ability to work with a

variety of programs vs. one standard program which the

majority of processing companies are locked into. Since

each and every business has different needs, we don't

believe in "one program for all", what works for one doesn't

necessarily work for the next! It's a little like the credit cards you may

carry - if you pay your balance in full every month, the interest rate is not

important but not having an annual fee is, whereas, if you carry a balance,

a low interest rate may be worth paying an annual fee. We work with you

to determine the program that best fits your needs and we make it stress

free, understandable, and affordable! CHECK OUR GREAT RATES BELOW!!

Service	Independent Merchant Services	What Others Charge (Industry Standard)
Discount Rate-Visa/ Mastercard Debit	1.25%	1.77%-3.65%+
Discount Rate- Retail	1.54%-1.72% includes dues and assessments	1.77%-3.65%+
Discount Rate- Internet/Mail Order/Phone Order	2.05%-2.19% includes dues and assessments	2.6%-15%
Per Transaction Fee	Retail - 10- 20 cents- Mail/Phone/Internet-.19- .25 all fees included	$.25-$1
Monthly Minimum Quotas/ Penalties	NONE. No monthly minimum quota to meet or penalties to pay if quota is not met.	$25-$50
Statement Fee	$.00 - $6.00	$10-$20
Application Approval Time	Same day ,often within 2 hours, (on faxed applications) to 3 days on high volume accounts (over $100,000 a month).	2-6 Weeks, or more.
Application Fee	FREE	$95-$395
Training/Installation Charge	FREE	$95-$195
Site Inspection	FREE	$50-$150
Setup Fee	FREE	$50-$295
Shipping/Mailing/Postage	FREE	$50-$75
Amex/Discover Setup	FREE	$75-$150
Check Guarantee Setup Fee/ Check By Phone/Internet	FREE	$295
Fraud Protection	INCLUDED	?
Per Ticket Item Surcharge	FREE	$.12-$.50
Require a business checking account?	NO, a sole proprietorship does not require a business checking account, a personal checking account may be used.	YES
Equipment Leases	As low as $14.95 per month, Lease to Own, lease is always transferable, no first and last payment required! Overnight replacement warrantee is included! (a $15 a month value)	$49-$100 per month, 48 month lease, lease often non-transferable, little or no warrantee on equipment.
Equipment Rental	Now Available!	Rarely Available
Upfront Lease Fees	NONE	First and Last lease payments up front are standard.
Equipment Purchase	Available	Not Always Possible
Equipment Warranty	Lifetime Overnight Replacement Warranty is included!	$15-$20 per month-usually not overnight replacement
Equipment Maintenance Package	FREE	$10-$25 per month
Customer Support	*TOLL FREE 24/7/365 for existing clients(different phone number)**	8-5 pm Mon-Fri
Customer Advocacy	Call IMS!	None
Access to Funds	48 hours to Your Current Bank Account, we don't ask you to open a checking account with us, so you get to keep your current banking relationship!	48 hours to 30 days, sometimes you are required to have your checking account through the processor.

Call today for your free, no obligation, personal consultation with one of our non-commissioned, friendly, knowledgeable specialists, you'll be glad you did!

Independent Merchant Services