Capital Merchant Solutions Pricing
Capital Merchant Solutions offers four distinct pricing plans catering to different merchant needs. The Pay As You Go Plan eliminates monthly fees, opting instead for a transaction fee of 4.95% plus $0.35. The Retail Plan has a monthly fee of $20, with transaction costs at interchange plus 0.15% plus $0.25. For e-commerce transactions, the E-Commerce Plan charges a monthly fee of $35, alongside transaction fees of interchange plus 0.20% plus $0.25. The Mobile Plan also has a $35 monthly fee, with per-transaction fees set at interchange plus 0.20% plus $0.35. Each plan incorporates terminal costs into the monthly fees, except for a $20 monthly data plan required for the wireless terminal option.
Non-Competitive Rate
As per a representative, Capital Merchant Solutions ceased enforcing an early termination fee for new, non-high-risk merchants since late 2011, although a termination fee up to $500 is applicable for high-risk merchants. Previously, the company’s PCI compliance fee varied by business, but the new pricing model standardizes a monthly charge of $34.95. The Pay As You Go rate, nearing 5%, raises competitiveness concerns when compared to providers like Square, signaling that businesses might find lower cost options elsewhere.
An Uncertain Processor
There is ambiguity regarding Capital Merchant Solutions’ processing partners, with mentions of TransFirst, National Payment Processing, iPayment, and Moneris in various complaints. These processors typically do not rank highly for competitive terms, suggesting that Capital Merchant Solutions may not offer the most favorable contract terms. Based on the available information, Capital Merchant Solutions receives a “B” rating, reflecting average contract terms within the industry.
Businesses seeking more competitive rates and terms are encouraged to explore our list of the best merchant services.
