Electronic Transfer Inc. Reviewer's Comments

Electronic Transfer Inc. is an excellent credit card processing service; they have one of the lowest discount rates around. Electronic Transfer Inc. can set up your account in 1 day, giving you the option of starting your business right away. They offer fast service because Electronic Transfer Inc. is the underwriter, not an ISO (Independent Service Organization).

Average Approval Rating:  

Electronic Transfer Inc. has a 98% approval rating.

Cost Per Month*:  

Electronic Transfer Inc. has some of the lowest monthly costs available, including a $49.00 monthly payment gateway fee, a $9.95 statement fee and a $20.00 monthly minimum. The 2.25% discount rate has a $0.29 per-transaction fee. Occasional fees include a $25.00 charge back fee, $2.00 voice authorization fee, and a $0.10 address verification fee.

Startup Cost:  

Electronic Transfer Inc. has absolutely no startup costs.

Account Setup Time:  

Electronic Transfer Inc. serves as the underwriter; this gives you the luxury of having your application processed in a single day. Some other credit card processing companies take a week or longer.

Customer Service:  

When we contacted Electronic Transfer Inc. we were instantly connected with a sales representative, not an answering machine. The representative answered all of our questions.

Internet Based Features:  

Electronic Transfer Inc. offers a merchant account, a virtual terminal and a payment gateway through Authorize.net or through Eprocessing services.

P.O.S./Swiper Based:  

Electronic Transfer Inc. offers 2 different Point-of-Sale Terminal models-not many choices compared to what other companies offer.

Summary:  

Electronic Transfer Inc. is an excellent credit card processing company. They have fast application processing, a 98% approval rating and the best startup price-free.