Calculating OFFSHORE merchant account fees with the help of a calculator

This calculator has been built specially for the purpose of calculating the merchant account fees. Hence, it is referred to as “merchant account fee calculator”. With the help of this calculator, one will be able to calculate the fees based on the sales volume. Moreover, this calculator is pretty simple to use.

Using the merchant account fee calculator – There are 2 methods of using this calculator. One way is to enter the transaction fee, discount rate and monthly fee of the merchant account. Account selection can be done from a drop-down list which will automatically fill these three values.

After this, enter the average ticket value that has been estimated. This is the average sale rate of your website. Once this has been done, enter the total number of units you have planned to sell. Once you enter these values, click the calculate button to get the result.

Both the form sides can be utilised for comparing two different merchant accounts. After this calculation has been done, you can click on the “compare” button to obtain the results. This will give you a clear idea of the amount you can save on a monthly basis.

You will realise that though you are paying a higher amount as set up fees, is can easily be recouped in a short time period, which generally is 1 to 2 months. Once the amount has been regained, you can save a lot of money. This in turn will increase your profit margins too.

There are a few guidelines that need to be followed when you are calculating the merchant account fee. If you are manually entering the details of the merchant account which does not involve paying the monthly fee, then it is advisable add a zero into the box meat for entering the monthly fee. It is better not to leave this field blank.

The button meant for comparing two merchant accounts needs to be clicked on after the other calculating buttons have been clicked. If this is not one, the calculator will not give out results.

The rates should be entered as American Dollars. However, if the currency is not in American Dollars, simple use the dollar symbol. Even though you do not make use of the Autofill option, the ticket value that you are planning to sell has to be entered. If one of the unit boxes has been pressed, then the price comparison can be done with respect to one selling item only.

If you want to re-calculate the merchant account fee or you want to calculate for another merchant account that is different from the one you entered previously, you need to update the specified field. After this, click on the “calculate” button to obtain the results.

The calculator for calculating the merchant account fee is very useful as it can be used easily. Moreover, the results can be obtained quickly and it also gives a clear idea of what you need to pay. Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.