Affiliates have options for receiving online payments. They may utilize Square, Paytrace plus a merchant account of their choosing, or Paytrace Gateway and Paytrace Merchant services.
To read more about the differences, see this article.
Flat-Rate Electronic Payment Processing
for K-BID Auctioneers
Rate Per Credit Card Transaction
● 2.95% + $0.25 per transaction
○ American Express - Please inquire with PayTrace
● Next Day Funding
Rate Per ACH Transaction
● New ACH Service coming in the near future
Monthly Fees
● Account Monthly Fee: $20
● ACH Monthly Fee: $4.95 (when enabled)
● PCI Monthly Fee: $0 (waived)
● Monthly Minimum Discount: $0 (waived)
● Payments HUB Monthly Fee: $14.95
○ (free for 30 days with an option to opt-out)
Fee Per Event
● Retrieval Requests: $15
● Chargeback: $25
Please contact Pay Trace > paytrace.com
888-806-6545 - Paytrace Customer Support
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