Credit Card Processing Rates
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Discount Credit Rate:
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1.65%
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Discount Debit Rate:
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1.18%
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Monthly Statement Fee:
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$7.00
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Authorization Fee:
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$0.20
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Setup Fee:
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$0.00
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Programming Fee:
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$0.00
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Application Fee:
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$0.00
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Customer Service Fee:
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$0.00
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Annual Fee:
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$0.00
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Brief Overview of Benefits
Petroleum credit card processing is a little different from other types of credit card processing. With a petroleum merchant account, the merchant can give the customer to also pay at the pump, making business run much faster and much more smoothly. The customer will not be limited to a certain dollar amount to pump the tank and can let the gas run until the tank is full. This is a good business strategy because the customer will most likely pay more in order to fill the pump. Petroleum credit card processing makes this process easier for the customer and employee alike. The customer can pay for a full tank of gas and continue on with his or her day and the employee can take the payment and not have to worry about counting the correct amount. Having a petroleum credit card merchant account makes pumping gas a much faster process.
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