We simply price every account the samebased on the single determining factor that your business either swipes amajority of its transactions or keys them in. That’s it.
Based on that understanding, your accountis going to be charged interchange pass through cost (zero mark-up) and anadditional per item fee for each transaction. Simple.
To achieve fairness in our pricing model, we needed to establish a system that recognized customers that processed higher volumes of sales or businesses that had higher volume months compared to others. One sized pricing does not fit all.
If your business processes sales volumes that qualify it into a lower per item fee tier, MPG is going to rebate you the difference (see tables below for tiers). Rebates are processed at the beginning of each business quarter for the previous business quarter. If your business qualified for lower pricing during any or all of the months in that quarter, MPG will apply that reduced per item fee credit to your account. Fair.
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