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* 1. Are you a member of IBN?

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* 2. Who is your current merchant processor? If you have more than one, please list all of the ones you use. If you cannot recall the name, that's fine -- just say that.

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* 3. What is the Discount Rate you pay for processing?

(A Discount Rate is a percentage of each transaction paid for handling an electronic bankcard transaction. It's also known as a Qualified Discount Rate. Example: Something like 1.85% for Retail or 2.69% for Internet.)

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* 4. What Transaction Fee do you pay for credit card processing?

(Every time a Credit Card is Swiped or Keyed in, the bank will charge you a fee. This fee is usually around $.25.)

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* 5. What is your current Monthly Fee for Credit Card Processing?

Every month you will get a statement in the mail from the Credit Card Processor showing your monthly Volumes and the monthly fee taken out.

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* 6. What questions, comments or concerns do you have about merchant processing that we can help you answer?

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