Credit Card Processing by Electronic Transfer, Inc.

Electronic Transfer Inc. is another excellent source for credit card processing services. They have competitive rates within the industry. Electronic Transfer Inc. also has one of the quickest set up times. They can have your account setup within 24 hours and have you processing credit cards immediately. Furthermore, there are no application or setup fees either. Essentially, this makes your startup costs nothing. In addition, they are capable of processing credit cards over the telephone with your handset using the keypad, making credit card processing completely mobile.

Approval Rating:

Electronic Transfer Inc. has an above average approval rating of 98%. Most applicants are approved and very few are turned away.

Monthly Costs:

Electronic Transfer Inc has some very reasonable monthly fees. They charge $10.00 per month for your payment gateway fee, a $10.00 monthly statement fee. The monthly minimum charge is $20.00. Discount rates start at 2.25% and $0.29 per-transaction fees as well as a $0.10 address verification fee.

Setup Fees:

It costs absolutely nothing to get set up with Electronic Transfer Inc.

Approval and Setup Time:

The time between approval and getting going is usually within 24 hours. Applications are approved in-house which speeds up the approval process.

Customer Service:

Electronic Transfer Inc. offers 24/7/365-customer service. We called customer service and got connected with a sales representative right away. They friendly, helpful and were able to answer all of our questions.

Internet Credit Card Processing:

Electronic Transfer Inc. offers Internet credit card processing through Authorize.net or Eprocessing Services.

Credit Card Processing Equipment:

Electronic Transfer Inc. is limited in the choices of P.O.S. (Point-of-Sale) terminals. They only offer two models to choose from either the Nurit 8010 or the Nurit 2085.

In summary, Electronic Transfer Inc. is a good choice for a credit card processing company. They have a very fast approval and set up time. Furthermore, their setup costs are completely free. The only drawback is their per transaction and address verification fees are slightly higher than some of the other processors mentioned.