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A Leader in Electronic Payment Processing — Boasts Low Transaction Fees and Zero Application or Setup Fees

Charge Com A Leader In Electronic Payment Processing
Ray FitzGerald

Written by: Ray FitzGerald

Ray FitzGerald
Ray FitzGerald

Ray Fitzgerald has more than a decade of journalism experience, writing for national media outlets, including the Miami Herald and Investment Times. Ray is passionate about traditional and alternative investment strategies, but most enjoys sharing creative ways to budget and save money. Ray has personally written about hundreds of credit card offers from banks and credit unions across America and enjoys helping people find the best cards and rewards programs for their specific spending needs.

Edited by: Lillian Guevara-Castro

Lillian Guevara-Castro
Lillian Guevara-Castro

Lillian Guevara-Castro brings more than 30 years of editing and journalism experience to the CardRates team. She has written and edited for major news organizations, including The Atlanta Journal-Constitution and the New York Times, and she previously served as an adjunct journalism instructor at the University of Florida. Today, Lillian edits all CardRates content for clarity, accuracy, and reader engagement.

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In a Nutshell: The electronic payments space has made considerable advances in security and affordability over the last two decades. Many of those improvements were possible because early adopters like did away with egregious application and setup fees to make their services more affordable to small businesses and startups. In fact,’s processing fees, which start at 0.25%, are among the lowest in the industry. With payment processing solutions for nearly any kind of business, can help business accept payments via online virtual terminals, in-person keypad terminals, and even smartphones. //

Twenty years ago, online retail was still in its infancy and most consumers weren’t yet comfortable with transmitting their credit card or bank account information via the internet. A few businesses provided gateways for companies to accept electronic payments online, but it wasn’t cheap.

The industry standard was to charge a nonrefundable application fee, typically between $200 and $500, and, upon approval, merchants would receive a second bill — this time for setting up the account.

The risks and high costs associated with just submitting an application kept smaller brick-and-mortar businesses from creating an e-commerce presence, and many of them vowed to remain offline until the standards changed.

Both merchants and the payment processing industry suffered, so decided to change what it saw as a broken system. More than two decades later, the company continues to lead innovative change and bring affordable processing services to US businesses of all sizes and verticals — both online and in person.

Photo of logo and processing

“We were among the first, if not the first, company to waive setup and application fees,” said Greg Danzig, President of “Most merchants, especially startups, were hesitant to pay just to submit an application. One of the first things we did, early on, was remove the fee and the barrier it creates between us and the merchant.”

After waiving excessive fees, made up for the lost revenue through increased transaction processing. As the company continues to grow, it still doesn’t charge application or setup fees and can process transactions for as low as 0.25% — one of the lowest rates in the industry.

But don’t expect the lower rates to result in a cheaper experience. understands that its solutions — at any price point — are only as good as its security. To maintain its reputation as a forerunner in the industry, the company invests heavily in the latest security offerings to ensure it handles every transaction in the most professional way.

“Everything that we offer is PCI-certified and comes with the latest EMV equipment and technology,” Danzig said. “Our payment gateways also have the highest level of commercially available encryption.”

Multiple Services Cater to Businesses in Any Vertical can provide payment processing solutions for almost any business vertical. The company currently processes payments for online retailers and subscription companies as well as traditional retail, service, professional, and restaurant businesses.

The company’s internet software allows for automated processing of website orders or manual processing for email, telephone, fax, mail-order, and face-to-face sales. Using the web-based virtual terminal, merchants can access all of the features of an electronic keypad terminal and more.

The electronic keypad terminal is one of’s most popular solutions. This terminal, similar to those found in nearly every brick-and-mortar business, allows merchants to sell face-to-face at a single location by swiping the customer’s credit card, or inserting the EMV chip, through the terminal. The terminal prints receipts through thermal paper, which requires no ink. offers a discounted processing rate to clients who process at least 70% of their orders through the keypad terminal.

The growth of mobile merchants — think festival vendors, plumbers, installers, or flea market and trade show merchants — gave rise to a need for mobile credit card processing. offers solutions that allow clients to turn their smartphone into a keypad terminal that processes credit cards with immediate approval responses.

“Those are, by far, our most popular options,” Danzig said, “but we have some other niche-type offerings, like point-of-sale solutions for restaurants. We want to make sure that we’re capable of handling whatever the customer needs.”

Secure, Easy-to-Use Terminals and Systems

Security concerns tend to increase among merchants and consumers whenever a corporate data breach or credit card data theft is reported. Customers want to know they can trust whomever accepts their electronic payments, and takes that trust seriously. offers echeck processing services, which helps businesses meet the strict approval requirements set by credit card companies for payment processing approval. Despite the requirements, Danzig said maintains one of the highest approval ratings in the industry thanks to its diverse menu of solution options.

Screenshot of service charges

“We offer so many different solutions that we can get just about any legal business up and running and accepting some form of electronic payment,” he said. “We have very, very close to a 100% approval rate when you combine our echeck and credit card solutions.”

In addition to the security ensures, the terminals it provides are designed to be as user-friendly as possible. This means merchants don’t have to spend time learning the ins and outs of a new system before they can accept payments. Danzig said most merchants can be up and running as soon as they have their equipment in place.

“Our virtual terminals and web-based systems are designed with useability in mind,” Danzig said. “Both are easy to use and that’s important to us because we want to make the process of working with the systems as simple as possible.” Can Boost Your Sales by as Much as 500% says that just adding secured electronic payment processing to your business model can increase sales by 50% to 500%. The company’s multiple product offerings give consumers more choice in how they would like to pay for your goods and services and helps attract repeat patronage.

The processor’s affordable rates and ease of use make it a popular choice for businesses of all types. has worked with small startups and has even handled incoming contributions for presidential campaigns.

“The majority of our clients are small to medium-sized businesses,” Danzig said. “We don’t target any specific vertical or business size because we feel like we have something to offer for just about anyone who needs payment processing.”

As one of the first companies in the electronic payments space, has cemented its reputation for security and affordability while making it easier for entrepreneurs to get their businesses started and keep them thriving.

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