Merchant Services

Merchant Services

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Olean Area Federal Credit Union New Merchant Pricing

  • No Sign-Up Fee
  • No Early Termination Fee
  • $.15 Per Transaction Above Visa, MasterCard, Discover Card and American Express Interchange Fees (see attached)
  • .40% Above Visa, MasterCard, Discover Card and American Express Interchange Fees (see attached)
  • $6 Per Month Statement Fee
  • $50 Annual Fee for PCI Compliance (includes $100,000 a year in breach coverage)
  • No Quarterly Fee

Equipment Pricing

  • $250 for a Point of Sale EMV Capable Terminal
  • $15 Per Month for a Month-to-Month Rental. After 36 months the terminal is the merchants, and supplies and replacement terminals are free during the 36 months.
  • $10 Per Month for a Virtual Terminal for Transactions taken over the Internet or with an iPad or iPhone.

Benefits

  • One Merchant Number for All Four Card Types
  • 24/7 Help Desk
  • Easy to Read Statement with All Four Card Types
  • 24-48 Hour Settlement
  • Credit Union Endorsed Program
  • JetPay Fees Guaranteed for 3 Years