Any Extension Continuing Education unit may purchase a credit card terminal for use in accepting credit cards. Information on the costs of the unit are shown below. Before a unit may accept credit cards, however, all unit staff who will be processing credit card transactions must complete an initial security training and sign a Cardholder Data Processing Agreement & Annual Training Form.
In addition to the standard FD130 machine, for which the costs are shown below, there is also an option to purchase a cellular machine for a higher cost.
For questions or to sign up, contact the Extension Fiscal team at 573-882-7146 or email [email protected].
Credit Card Processing Resources
Materials, tools and resources
Costs for Zon Machines
|
Set Up Fees |
$25.00 (one-time fee for new merchants) |
|
Monthly Fees |
$17 – covered by MU Extension |
|
Transaction fees: |
|
|
Keyed fee rate applied to transaction amount |
Rates are variable, but typically fall within the approximate range of 2.50-3.00% |
|
Non- Qualified card fee rate applied to transaction amount |
N/A |
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*Swipe fee Rate applied to transaction amount. |
N/A |
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Per transaction fee |
N/A |
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Per transaction fee when Non-Qualified card is used |
N/A |
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Monthly minimum transaction fees |
$5 – covered by MU Extension |
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Cancellation fees |
N/A |
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Other fees: |
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Equipment fees |
$425 - FD130 (analog) $750 - FD410 (wireless) *These are one-time purchase costs |
|
Phone line |
Varies by location for analog lines Cellular data fee for FD410 is $20.00/month |