Ignite Payments
learning center

Ignite Payments
* Merchant Discounts

* The discount rate is the percentage of each transaction that the processing company charges to handle the transaction for you. This is the fixed percentage amount that is deducted from the purchase cost. The lower discount rates are for retail establishments while the higher are for Mail Order/Telephone Order (MOTO) and Internet-based businesses. Our discount rates are exceptionally low, at just 1.69% for retail (face to face) merchants, and 2.49% for Internet and mail order merchants. High risk businesses may have to pay slightly more.

The only cost in most cases is only about 5 cents per check. The best part is most service providers offer the check software for free (up to $300 value).

Real-Time credit card processing / transactions allow your customers to submit their credit card information over the World Wide Web, and the charge is automatically approved within seconds. No person needs to be present for the transaction, so you can be making credit card charges literally while you sleep. And with most merchant account services, your funds will appear in your bank account within 48-72 hours of the transaction. We pride ourselves on getting our merchants their money quickly, easily, and efficiently!