In recent years, it has been extremely difficult for owners of gaming sites to serve the U.S. online gambling community. Strict U.S. regulations have forced operators to go or stay offshore and ultimately pay higher rates with their gambling merchant account.
Credit Card Processing: 3 Crucial Questions When Selecting a Merchant Account
Will You Have to Pay a Monthly Minimum?
With TTG you won’t. Most credit card merchant account processors will charge a $25 Monthly Minimum – which means if you’re not processing around $1200 a month in Visa/MasterCard transactions, you can be charged an additional monthly fee up to $25 for your credit card processing. Learn more…
Do You Have to Sign a Long Term Contract or Pay a Cancellation Fee?
With TTG you won’t. Many credit card merchant account providers require you to sign a 2-3 year contract – and then if you cancel early for any reason, most will charge you a $200-$500 early termination fee. Learn more…
Do They Offer Cheap Credit Card Merchant Account / Credit Card Processing Rates?
TTG does. TTG’s recommended processor offers you some of the lowest rates in the industry. Check out the chart below to compare their rates with those commonly offered online or by your local bank.
| Merchant Account Fees | Industry Standard | Your Rates |
| Application Fee | $39 – $99 | Waived |
| Qualified Internet Discount Rate | 2.29% – 2.79% | 2.10% |
| Qualified Retail Discount Rate | 1.65% – 2.00% | 1.75% |
| Per Transaction Fee | $0.25 – $0.40 | $0.20 – $0.25 |
| AVS (Address Verification Fees) | $0.10 | Waived |
| Monthly Statement Fee | $10 – $20 | $10 |
| Monthly Minimum | $25 – $40 | Waived |
| Contract Commitment | 3 – 5 Years | Month to Month |
| Cancellation Fee | $300 – $500 | Waived |
Welcome from the President of The Transaction Group
The Transaction Group (“TTG”) is comprised of industry professionals, with a combined 40 years of experience in dealing with merchant accounts and credit card processing.
We understand that searching for a merchant account can be challenging. There are thousands of companies to choose from – some good and others not so good. Selecting the right credit card merchant account provider for your business can be time consuming and frustrating, as there are a lot of providers out there that won’t tell you the whole story.
Here at TTG our mission is to educate you about the industry and locate a provider that stands above the competition, based on their processing solutions, rates and customer service.
We have selected leading providers – what we believe are the top solutions for our U.S. merchants, our Canadian merchants and our high risk merchants respectively. For example, for American, lower risk type businesses, TTG recommends PowerPay, a leading provider of electronic payment solutions for businesses, located in Portland, Maine.
Unlike most other merchant account providers, PowerPay doesn’t make you sign any long term contracts or charge you a cancellation fee – so they know that you can leave them at any time. By necessity for their own survival and growth, this motivates them to make sure all of their merchants have dependable service, receive strong support, and enjoy extremely competitive credit card processing rates.
And since they don’t charge you any monthly minimums, they themselves only make money when your business succeeds and has customers purchasing your products or services using their credit cards.
Whether you’re a home-based business, a mom & pop operation, or a Fortune 500 company, our commitment to you and your business is to provide you with a cost effective and dependable retail or internet merchant account solution.
We invite you to take your business to the next level. Apply Now to start accepting credit cards today or call 888-383-8056 to inquire about how to take advantage of cheap credit card merchant account rates for credit card processing.
Thank you… and we wish you continued success.

Michael L. Rupkalvis, President
The Transaction Group
The Transaction Group offers a full range of merchant services for the auto parts industry and auto dealerships, including merchant accounts for car sales. Merchant accounts for car dealerships are becoming a more common option
For the past few years, the IRS has been working on a new law requiring all merchants to provide reports on their merchant account processing volumes. These new requirements under IRS Code Section 6050W are likely
The credit card has become a simple and convenient way of buying products and services worldwide, yet most of us rarely consider the “behind the scenes” aspects of transaction processing services and how it has evolved over time.
Traditionally businesses considered to be high risk by banks have a difficult time securing a merchant account. Merchant accounts for non-controlled pharmacies fit this bill perfectly. Although non-controlled pharmacies are one of the fastest growing online businesses
Banks nationwide are struggling with the dilemma of offering merchant accounts to medical marijuana dispensaries. Not only do such businesses find it difficult to get needed credit card services, they also face challenges opening simple bank accounts.
As an internet marketer, you can go for months without processing more than a handful of transactions on your merchant account. And then, all of the sudden, your online business processes $500,000 in one day due to a new product launch. This type of fluctuation
Has your company faced challenges with a current provider or been turned down when trying to obtain a merchant account for your business? If so, you’re not alone. At The Transaction Group we have helped many businesses secure an offshore merchant account.
Does your Tattoo shop allow customers to pay by credit card? If not, you should consider it. The Transaction Group provides merchant account solutions for tattoo shops, parlors and tattoo artists.
It can be extremely difficult for forex trading firms to obtain a processor that will allow them to accept debit and credit card payments from their customers. The same holds true for forex software developers seeking to be approved for a merchant account.
Statistics confirm that having a pharmacy ATM machine can significantly improve monthly sales revenues. Almost all pharmacies (yours included probably) already utilize processing services to take advantage of their customers’ bank cards.
Here at The Transaction Group we specialize in providing merchants with opportunities to accept payments from customers with debit and credit cards. While this includes merchant accounts, we can also offer retail merchants a variety of ATM machine options
The Transaction Group provides offshore processing solutions for US and international based pharmacies. Historically, obtaining a merchant account for a pharmacy was a very challenging task. Not only did the pharmacy have to locate a reputable off shore processor
Here at The Transaction Group we provide merchant accounts for brick and mortar furniture stores as well as internet ecommerce sites. We offer new furniture retailers and wholesalers extremely competitive rates and excellent client service.
Why do telemarketing firms need merchant accounts? Well, getting someone to answer your phone call can be a challenging task. And getting that same person to write out a check or money order & then mail
The Transaction Group provides merchant account solutions for jewelry stores and online jewelers. We offer low rates and excellent service for jewelers that don’t currently have a merchant account, and HUGE savings for jewelry stores that currently do.
The Payment Card Industry Data Security Standard (PCI DSS) is a set of requirements developed to help ensure security standards for businesses that accept credit cards. PCI compliance standards for merchants applies to any business that
Due to the nature of their business, it can be quite challenging for a debt collection agency to secure services to accept credit cards. Debt recovery agencies attempt to recover a debt from a person or business that is struggling to pay their creditors
If you have recently opened a new checking account and you want to update your merchant services provider, simply follow these easy steps: 1) Contact your processor
Legitimate and successful companies such as Avon, Amway, and Herbalife use multi level marketing as a strategy to promote and sell their products and services. (Referral marketing and network marketing are other terms that refer to MLM type businesses.) Even though MLM businesses have been around since the mid 1940’s
If you are in the market for a multifamily mortgage or perhaps a refinancing of your existing multifamily loan, Commercial Loan Direct (CLD) can help. As part of an apartment properties lending institution that operates across the U.S.
We offer high volume processing solutions for internet and traditional merchants who process a large amount of credit cards transactions. Additionally, we can arrange high volume batch processing merchant accounts for businesses that process all of their credit card transactions at one time or on a recurring basis.
If you’re switching merchant account providers, it’s possible to reprogram your AuthorizeNet Payment Gateway with the new processors information.
The Transaction Group offers high risk processing solutions for the time share industry. These include merchant accounts both for businesses that make time share reservations, as well as for those that advertise or sell time share opportunities.
We offer merchant account solutions for businesses that offer investment programs such as Investment Seminars and Investment Clubs. Historically businesses that offer investment related programs have had a challenging time obtaining merchant services.
What’s the best merchant account for a small business? We get asked that question all the time. There’s no “cookie cutter” answer to this question either as all businesses have unique needs. Think about your core business first.




