Verotel announced a true revolution in the credit card processing industry, with new transparent fees, just 5% per transaction, while industry standard stands well over 11%. Verotel is a regulated Payment Institute with the Dutch Central Bank in the Netherlands, doing business since 1998, and never missed a payment. One of the few adult processing who can bill your members in bitcoin as well.
CardBilling, their billing service provides a simple solution to accept credit cards for your website with an all-inclusive Transaction Rate of just 5%. To start accepting credit cards you need to be registered with VISA and MasterCard. They will help you with this easy process. CardBilling charges a one-time setup fee of US$ 500.00 and an annual registration fee of US$ 500.00.
With
CardBilling you set up your services or subscriptions in your default currency. CardBilling collects the money from your customers and sends you a weekly payment. CardBilling is powered by Verotel.
No hidden FeesThere are no hidden fees in CardBilling’s pricing model. There are no transaction fees, statement fees or decline fees. For example, for a US$ 20.00 we only charge 5% (US$ 1.00) as an all-inclusive Transaction Rate.
You can process any transaction from US 1.95 to US$ 500.00. A 5% holdback reserve applies to all accounts for a period of 26 weeks.
Irregular FeesA chargeback fee is a fee initiated by the bank of a cardholder disputing a transaction. CardBilling charges a US$ 45.00 fee for each chargeback added to your account. Thanks to their latest anti-fraud technology CardBilling tries to limit the number of chargebacks as much as possible.
Because recurring transactions invoke more risk to their banking partners recurring transactions are charged with a 1.5% surcharge. Please note that this surcharge is not applied to the first transaction of a recurring billing subscription.
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