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Accept payments,
without worry
Merchants of all sizes have trusted BMG to accept payments, and grow their business in-store and online for over 20 years.
Services
Tailored for success
Multi-Platform Onboarding
We have the capability to board merchants from any sector of business. Contact us today!
Partnerships/Integrations
Our extensive industry-wide partnerships allows us to offer the best industry-grade service possible.
24/7 Customer Service
Our help desk agents are available at all times to assist you in whatever you may need.
Schedule A Pricing
We've centered our business model around the best pricing the industry offers.
PCI Compliance
Worry no more. We have a service specialized for this area of commerce. Contact us today to get compliant.
Software Integrations
Extensive technology partners
Credit Card Processing
How it works / Processing with BMG
The Sell
Below is our "Effective Rate" calculator. Enter your annual volume and annual fees to get a glimpse of the average fee cost you're paying to accept credit cards. Also, see what you could be paying with BMG!
Let's say you sell one of your products or services and charge your customer $75. For this transaction, you will incur several fees.
The Fees
3) Processor
Processors (us) charge a fee to facilitate payments through the bank, cards, and other networks.
e.g. 0.50% + $0.10 per transaction
You pay $.475 in processor fees
1) Interchange
When your customer uses a credit card, the bank who issues the card charges a fee called "Interchange".
e.g. 2% + $0.10 per transaction
You pay $1.60 in interchange fees
2) Card Brand
Card brands, such as Visa, charge a fee whenever their cards are used. These are known as "Card Brand Fees".
e.g. 0.10% + $0.02 per transaction
You pay $.095 in card brand fees
Total
If you have any questions about the numbers above, feel to reach out to us. We're available at any time to answer a call to address a business need.
For this $75 transaction, you pay $2.17 in fees to accept credit cards.
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Get Started
Inquiry with us about our services today!
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