Utilities Merchant Account
Reduce Credit Card Processing Fees by up to 70%
Businesses that provide waste management or utility services are eligible for special reduced credit card processing rates from Visa, MasterCard and Discover.
These special rates are known as utility interchange rates. To receive them, your business must have a Utilities merchant account set up.
Setting up a utilities merchant account can reduce your credit card processing costs by up to 70%, potentially saving your company thousands of dollars in fees each year.
These Services Qualify for a Utilities Merchant Account
- Waste Disposal and Waste Management
- Residential Trash Collection
- Container Rentals
- Roll-Off Services
- Water, Gas or Electricity Generation or Distribution
- Sanitary Utility Services
If your business provides ANY of these services Contact Us for a Free Rate Quote!
Utility Interchange Rates
The most important thing to understand about a Utilities merchant account is that you do not pay a percentage discount rate on your processed credit and debit card payments. Instead, you pay a flat per-transaction fee.
The utility interchange rates shown in the table below apply to ALL payment types, including swiped, key-entered, and online transactions.
| Card Type | Visa | MasterCard | Discover |
|---|---|---|---|
| Debit | $0.65 | $0.45 | $0.75 |
| Credit | $0.75 | $0.65 | $0.75 |
| Rewards | $0.75 | $0.65 | $0.75 |
| Commercial | $1.50 | $1.50 | $1.50 |
Example: If your business processes a Visa consumer credit card payment in the amount of $500.00, you will only pay a $0.75 transaction fee on that sale.
Typically, you would pay a discount rate of 1.5% to 2.5%, plus a transaction fee. However, with a utility merchant account, you only pay a transaction fee.
Additional Payment Solutions
In addition to credit card processing, we also provide the following payment solutions:
- IVR (automated phone payments)
- Electronic Check Conversion (ECC)
- Check Guarantee & Verification
- Back Office Conversion (BOC)
We can provide your business with an online payment gateway that will allow you to accept both credit cards and check payments directly through your website.
If this is something you require, let us know, and we will provide you with more information.
American Express OptBlue™
By consolidating all of your credit card processing under one roof, AMEX OptBlue provides your business with the highest level of service and support.
We handle your AMEX billing, funding, and customer support in-house, allowing us to be your single point of contact for all credit card processing issues.
We will reduce your American Express discount rates by a minimum of .25% — guaranteed!
AMEX OptBlue Highlights:
- Lower Discount Rates
- Lower Transaction Fees
- No Monthly Statement Fee
- Next Day Funding On Deposits
- Consolidated Monthly Reporting
Value-Added Benefits That We Provide for Free
- EMV Credit Card Terminals
- Payment Gateway / Virtual Terminals
- Mobile Card Readers
- Intuit QuickBooks Plugin
- Online Reporting
- Custom Gift Card Program
Contact Us for a Free Rate Quote
Send us a copy of your most recent credit card processing statement, and we will provide you with a detailed rate quote that shows how much money your business will save in processing fees with a Utilities merchant account.
Your rate quote will be completed and returned to you within 24 hours.