This program is targeted to existing Payment Processing Sales Groups or Agents. All Payments including monthly residuals will be paid to the Group Name; residuals are based on all activated merchants processing margins.
Compensation
- Residuals-50/50 split on monthly processing margins, per activated merchant account. Margins are calculated on all processing rates and fees and split 50/50 between CCS and Sales Group.
- Residual Payments are paid monthly based on the previous months processing volume and are calculated and paid by the 30th of the month.
All active sales groups activating at least 2 merchant accounts monthly or 25 annually are due residuals on their entire active merchant base.
All inactive sales groups with at least $300.00 in monthly residual income are due residuals on their active merchant base, assuming they still service merchants (i.e. take phone calls etc)
Equipment Sales and Leases: 100% of the margin above CCS published prices and deployment fees, assuming Sales Group purchased through CCS.
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Upfront Bonus Plan
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Current Program in effect beginning April 2004 (Program subject to change)
Activation Bonus: Based on Monthly Bankcard Volume
- Bankcard Activations
- 0-9999 = $50.00
- 10000-24999 = $100.00
- 25000-49999 = $150.00
- 50000-99999 = $200.00
- 100000-500000 = $250.00
- 500000 + $500.00
- Non-Bankcard Activations
- American Express = $25.00
- Discover = $25.00
- Check Services = $50.00
- Gift/Loyalty Cards = $50.00
- ATM Services = $50.00
Bonuses are paid upon activation and upon receipt of original documentation. Merchants must process with CCS for a minimum of 12 months, otherwise CCS may reserve the right to charge back agent for bonus for early cancellation.
Merchant must provide at least 3 months recent processing statements to qualify for any bankcard activation bonus in excess of $50.00. Bonus is calculated on average of 3 most recent processing statements volume.
- Non-Bankcard Activation Bonuses are effective only when submitted with a new Bankcard Merchant Agreement.
- Bonuses are paid only on accounts that are sold at our minimum sell rates and include a $250.00 termination fee, $10.00 statement fee and $25.00 minimum fee.
- Bonuses are paid only on the Main Account for all multi location merchants with the same DBA Name and Merchant/Depository Account.
- Production Bonus: Paid Monthly based upon activated merchants
- 15-19 Accounts: $250.00
- 20-29 Accounts: $350.00
- 30+ Accounts: $500.00
- Agent Referral Bonus- Earn an override on residual earned by agents you refer to CCS. Once the referred agent's earns $300.00 per month in residuals, the referring agent will receive a 10% override on their residuals, paid monthly.
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Credit/Debit Cards - First Data Merchant Services
Omaha, Nashville, Cardnet, Buypass
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Costs: Qualified Rates: Interchange + Dues/Assessments + .09 per Transaction
- Swiped: 1.63%/19: Minimum Retail: 1.69%/25 (7 basis points)
- MOTO: 1.97%/19: Minimum Retail: 2.25%/25 (27 basis points)
Buypass Front End Options
- Dial: Interchange + .10
- Leased Line/VSAT: Interchange + .09
All other interchange categories-per table-consult management before quote
- Costs: Downgrades on all qualified rates: Interchange +
Dues/Assessments + .09 per transaction + 25 basis points
- Minimum Mid Qualified Surcharge: 1% above qualified
- Minimum Non Qualified Surcharge: 1.5% above qualified
- Minimum ERRF(Enhanced Recover Reduced Fee) 1%
- Statement Fee: Cost $8.00/Minimum $10.00
- Minimum Fee: Cost $0.00/Minimum $25.00
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Other Minimum Fees
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Minimum
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Cost
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Non Bankcard Transaction Fee (No Split Dial)
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.15
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.05
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Fleet Cards
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.15
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.06
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Voice Authorization Fee
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.75
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.50
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Voice AVS (Address Verification)
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1.95
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1.75
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Electronic AVS
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.05
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.01
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Batch Fee
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.20
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.05
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Chargeback Fee
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25.00
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18.00
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Debit Transaction Fee
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.55
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Network + .06
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Early Termination Fee
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250.00
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0.00
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Wireless Access Fee
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20.00
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15.00
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E-Merchant View
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15.00
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10.00
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Debit Access Fee
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0.00
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Internet Service Fee (Authorize.net)
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20.00
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15.00
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E-Checks Service (Add On)
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Rate: 1.95%
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.30 Tran
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Internet Service Fee (Yourpay.com)
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15.00
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12.00
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Credit/Debit-Best Payments (FDR, Concord, Buypass)
Costs: Qualified Rates: Interchange+ Dues/Assessments + .10 per Transaction.
- Swiped: 1.63%/20: Minimum Retail: 1.69%/25
- MOTO: 1.97%/20: Minimum Retail: 2.29%/30
- Non Bankcard Transaction Fee: .30 each coded on application
- All other interchange categories-per table-consult management before quote.
- Revenue Share: 75% CCS/25% BPS
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Other Fees-Rates Hard-coded on Application
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Other Fees
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Minimum
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Cost
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Monthly Minimum
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6.00 |
10.00
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Statement Fee (Bpass +1)
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3.50
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5.95
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Merchant Club
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.20
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.20
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Batch Fee
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1.95
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1.75
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Debit Fee (Pin)
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Network Fee + .15
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Network Fee + .25
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EBT (Pin)
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0.00
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45.00
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Annual Fee
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25.00
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Chargeback Fee
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5.00
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Retrieval Fee
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250.00
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Early Termination Fee
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1.07%
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Mid Qualified Surcharge
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1.72%
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Non Qualified Surcharge
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20.00 Month
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Internet Service Fee: Plug N Pay
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Wireless Service Fee
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Cingular/Motient
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15.00 Month
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Comstar Pager
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$20.00 + .10 Trans
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Check Services-Telecheck-A First Data Company
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Service |
Low
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Medium
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High
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Telecheck Electronic Check Acceptance
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1.33
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1.33
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1.50
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Minimum Sell Rates
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1.49
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1.49
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1.69
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Cost
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Minimum
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Transaction Fee
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.21
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.25
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Monthly ACH (Statement Fee)
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5.00
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Monthly Minimum Fee
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35.00
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Telecheck Small Ticket Program (ECA/Guarantee)
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Monthly Fee
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29.95
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Transaction Fee
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.30
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Monthly ACH Fee
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5.00
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Telecheck BasX Verification Service (Non Guarantee)
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Monthly Fee
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14.95
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Monthly ACH Fee
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5.00
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Telecheck Internet/Phone Check (Guarantee)
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Telecheck Internet/Phone Check (Guarantee)
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Sell Rate: Low Risk 3.95%
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Transaction Fee
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.35 + High Risk 4.95%
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Non Guarantee Sell Rate
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1.25%
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Setup Fee
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150.00
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Monthly Minimum Fee
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25.00
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Monthly Service Fee
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25.00
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NOTE: All Telechek Processing Revenues is split 50/50 between CCS/Telecheck
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GLOBAL E-Telecom Check Services (Secondary Vendor)
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eGOLD - Electronic Check Conversion & Guarantee: Sell - 1.50/20 min
Standard Discount Rate
- (Non-image) 1.20%
- (Image) 1.18%
- Transaction Fee .18
- Statement Fee $ 3.00
- Monthly Minimum $15.00
QSP ? Quick Service Program Sell for .50 per check minimum
- Standard Discount Rate 0
- Transaction Fee $ .37
- Statement Fee $ 3.00
- Monthly Minimum $15.00
eSILVER - Electronic Check Conversion with Verification: Min-.30 ea
- Standard Discount Rate 0
- Transaction Fee .18/.30 sell
- Statement Fee $ 3.00
- Monthly Minimum $15.00
Traditional Paper Guarantee : Minimum Sell: 1.40/20
- Standard Discount Rate 1.20%
- Transaction Fee .18
- Statement Fee $ 3.00
- Monthly Minimum $15.00
Accounts Receivable Conversion (ARC) Electronic Lockbox: Sell for .40 ea
- Per Transaction Fee (1st, 2nd, 3rd submission) $ .22
- Per Returned Item Fee .22
- Per Reversal Fee $ 1.22
- Per Batch Fee .22
- Monthly Service Fee $ 5.00 ($2.50 for additional locations)
- Monthly Minimum $ 40.00 ($20.00 for additional locations)
Recurring Debit Transactions: Sell for .60 each minimum
- Per Transaction Fee (1st, 2nd, 3rd submission) $ .45
- Per Returned Item Fee $1.00
- Per Reversal Fee $ 1.00
- Per Batch Fee $1.00
- Statement Fee $5.00
- Monthly Minimum $25.00
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Gift/Loyalty Card Services - Valutec
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VALUTEC JUMPSTART PROGRAM( New 100 Card Special Program)
- Includes 100 cards with Holders, Stands and POP Materials
- Monthly Service Fee - Cost: $29.00, Sell: $39.00
No setup fee, transaction fees etc, this program is a fixed $39/month fee for 100 cards, card reorders may be added and customer may upgrade to Launchbox or Custom Card Program.
VALUTEC GIFT CARD LAUNCHBOX
- 500 Card Standard Card Program - Cost: $300.00, Sell: $495.00
- 500 Card Custom Card Program - Cost: $500.00, Sell: $795.00
- Includes: 500 Cards with Holders, Stands and POP Materials
- Monthly Service Fee - Cost: 23.00, Sell: 35.00
VALUTEC CUSTOM CARD PROGRAM
- 1000.00 Cards with Design - Cost: $649.00, Sell: $999.00
- Reorders Per 500 - Cost: $425.00, Sell: $599.00
- Monthly Service Fee - Cost: $35.00, Sell: $49.95
Note: Merchant may choose EITHER a Gift Card Program OR Loyalty Card Program per order. Additional Cards may be ordered as well as additional Merchandising tools, quote available upon request.
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