payment processor comparison

Payment Processor Cost Comparison

payment processor comparison


Last updated: 2/12/2015

Rates are normally based off different types of credit cards. For example, basic credit cards, reward cards, corporate cards, government cards, etc. Rates may vary between these types of cards. In addition, rates may vary between Visa and American Express. For best results, you should contact the payment processor you’d like to use and find out accurate rates for your individual business. If you are able to gather additional or supplemental information to what is already listed here, please leave it on the comments below.

Amazon Payments Fees:

Average Monthly Transaction Volume U.S. credit card International credit card
$100,000 or more 1.9% of transaction value + $0.30 2.9% of transaction value + $0.30
$10,000-99,999.99 2.2% of transaction value + $0.30 3.2% of transaction value + $0.30
$3,000-9,999.99 2.5% of transaction value + $0.30 3.5% of transaction value + $0.30
$0-$2,999.99 2.9% of transaction value + $0.30 3.9% of transaction value + $0.30

Authorize Fees:

2.9% + $0.30 + $25/month

Braintree Fees:

No transaction fees on your first $50K. Just 2.9% + $.30 per transaction after.

FirstData GGe4

Via Support Chat – Rates aren’t published because they are customized to each business. Your prices may vary.
Setup is $199, Early termination is $500 (36 month agreement, can be waived if you ask nicely).
$19.95/month
2.25% + 0.15, or 3.25% + 0.15
Your rates for the first bucket are 2.25% + $0.15. This will cover all your standard credit cards.
Your rates for the second bucket are 3.25% + $0.15. This will cover all of your rewards, business, government cards.

Google Checkout Fees:

Monthly Sales Through Google Checkout Fees Per Transaction
Less than $3,000 2.9% + $0.30
$3,000 – $9,999.99 2.5% + $0.30
$10,000 – $99,999.99 2.2% + $0.30
$100,000 or more 1.9% + $0.30

Intuit Payments Standard

3.4% + $0.25

Intuit Payments Reduced

3.15% + $0.25 + $19.95

Paypal Payments Pro

$30/month plus:
$0 to $3,000 monthly2.9% + $0.30 per transaction
$3,000 to $10,000 monthly2.5% + $0.30 per transaction
$10,000 to $100,000 monthly2.2% + $0.30 per transaction

Payza

2.5% +$0.25
Bitcoin accepted for free
Bank transfer is $2.00 for transactions less than $200. Free for over $200
Withdrawls to bankare $0.50

Square

2.75%

Stripe

2.9% + $0.30

Check out your local bank or credit union to see which payment processor they resell. Sometimes they can offer more competitive rates than advertised online.

Comments 5

    1. Post
      Author

      Awesome, glad to hear the comparison chart helped you decide! Good luck on speedy approval for the FAA exemption :)

  1. Excellent post im starting my first ecommerce website not ready yet wondering which payments method do you recommend for a started like me. Thank you and kept up the good sharing work.

  2. Alison… Which one did you choose? I’m at the decision making stage and am thinking Braintree based on the above info but curious what you chose.

    Thx!

  3. Lovely. I was looking for something like that. I also think about making a spreadsheet about that on google drive. Did you think about updating this table? Like for e.g. adding setup/plugin costs and additional information like chargebacks fees.
    Lately Sage and WorldPay gained a lot of fans.

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