Fees

International Payment Solutions, LLC is a company that has always strived to educate merchants. The first thing that we teach you is that ALL credit card processing companies have the same cost (interchange) that is dictated by Visa/MasterCard. The only difference in processors is integrity, profit margin and customer service.

Interchange is a 22 page document that has pricing based on the type of card and the way you take that card. Types of cards range from debit/check cards, consumer cards, rewards cards, world cards, and corporate cards to name only a few. To only disclose one rate within a pricing structure is deceptive and the primary reason most merchants are being overcharged. There is a company advertising a 1.59% + .25¢ rate, but after seeing their statement it turns out that only two consumer cards will qualify for the 1.59%. Most others are between 3.50% - 5%. These companies often have a termination fee of $350 or more along with a Loss Profit Clause. A Loss Profit Clause is just that, they can charge you for how much money they were making monthly and multiply that by the number of months left on your contract. We had one potential client whose processor was going to charge him $4500 to leave. There is no term of contract, termination fee or Loss Profit Clause with International Payment Solutions, LLC..

Ways to tell whether or not you are getting overcharged on your credit card processing:

• Is there a separate category for Rewards or World cards?
• Have you seen your Mid-Qualified and/or Non-Qualified totals rise significantly?
• Do you have a rate without a transaction fee?
• Are you going through your local bank?
• Have you been told that you have to “upgrade” your current equipment?
• When you called to negotiate rates, did your bank say you're already getting a great deal?
• Do you have a contract that requires you to pay a termination fee to leave? This is a way for the bank to start you out with a great rate, and then raise your rates throughout the contract, making it too costly to leave.
• Does your statement indicate fees but does not include the dollar amount of the transactions that correspond to those fees? If so, this is a way to hide what rate you're paying on keyed and corporate cards.

We offer a price match guarantee which states that as long as you are our client we will match any legitimate offer you may receive. The key is a legitimate and fully disclosed quote.

International Payment Solutions, LLC has always done spreadsheet comparisons where every rate and fee is not only disclosed but explained. The single biggest reason why most merchants are being overcharged on their credit card processing is that they let someone throw a number at them without an explanation. This isn't always just simple math. Ninety percent of merchants have no idea how to read their statements. Of the 10% that do, most don't understand the terminology or pricing structures that their bank is using. International Payment Solutions, LLC.' policy is to require a statement be faxed for review as opposed to just throwing numbers at you. This is why our national average is a 21% reduction in cost and we have had merchants where we have cut their cost by over 90%. How would you like to never have to switch your processing again and receive honest and wholesale pricing? This is Paymerica's promise to you and we hope you would give us a chance to earn your business.

Please call Leo Townsend, President of International Payment Solutions, LLC. at 888-458-1959 or fax your statement directly to Leo at 815-273-2133.