Variable Contract Terms
Details about the standard contract for UniBul are not widely available to the public. The company’s policy on whether it levies a PCI compliance fee or an early termination fee is unclear, as is the nature of its contract terms, whether month-to-month or multiyear. One complaint referenced a PCI compliance fee of $99, though this figure may not be uniform across all contracts.
UniBul Per-Transaction Fees
UniBul seems to provide both tiered and interchange-plus pricing, with a focus on interchange-plus for most clients. According to UniBul’s blog, an acceptable interchange-plus rate for a storefront (card present) business is around 0.35% plus $0.15 per transaction. Under a tiered pricing model, the same type of business should expect to pay no more than 1.69% plus $0.25 for Qualified credit card transactions. Additionally, UniBul indicates that monthly maintenance or statement fees should be no more than $10.
Virtual Terminal and Payment Gateway Pricing
UniBul also promotes its virtual terminal and payment gateway services on its website, though specific pricing details for these services are not provided. Potential additional fees could include gateway fees, technical support fees, batch fees, and other transaction rates, particularly for e-commerce services.
Pricing Varies According to Risk
The lack of specific pricing details from UniBul may be partially attributed to the variability inherent in serving high-risk businesses. Such businesses often face higher rates to offset the increased risk they present. Clients of UniBul should therefore anticipate rates and fees that significantly fluctuate based on their individual processing histories and product offerings. Notably, there haven’t been notable negative reviews regarding UniBul Merchant Services’ fees or pricing. Anyone with detailed knowledge of UniBul’s standard contracts is invited to share insights in the comments.
Business owners are also recommended to explore our selection of the best merchant accounts.
