The Transaction Group

URL: http://www.thetransactiongroup.net

The Transaction Group is recognized as one of the leading companies in the electronic payment processing industry. Since 2003 this company provides credit card processing services.

The Transaction Group’s payment solutions are easy to implement, they also provide additional security and convenience. Merchant account holders can efficiently and effectively manage their electronic transactions.

The Transaction Group doesn’t have any monthly minimums, annual fees and hidden fees.

They only collect charges when merchant’s internet business succeeds and has consumers buying products or services on their web-sites.

The Transaction Group’s uses AuthorizeNet payment gateway to automatically and securely accept, authorize and settle credit card payments on merchant’s Website.

AuthorizeNet is one of the leading web based online payment gateway that has two primary functions:

1. Authorize Net gives your website and/or shopping cart the ability to securely authorize and settle credit card transactions online.
2. AuthorizeNet also has a Virtual Terminal feature that will allow you to manually process credit card transactions for MOTO (phone, mail, and face-to-face orders).

AuthorizeNet features are the following:

• Quick Approval
• Issue refunds
• Secure Server (SSL)
• Void transactions
• Easy installation
• Fast setup
• Seconds to complete a transaction
• Recurring billing
• Accepts checks and credit cards
• View your transactions online

You don’t need a separate transaction terminal or processing software. With AuthorizeNet you can submit, authorize, capture, and settle credit card and ACH transactions.

Credit card transactions are authorized in real-time (during few seconds) either through your website or through Virtual Terminal.

The Transaction Group Fee schedule is the following:

Visa / MC Discount Rate: 2.20%
Transaction Fee: $0.20
Application Fee: No
Cancellation Fees: No
Gateway Fee: $15.00/month + $0.10/transaction
Bank statement: $10.00
Monthly Minimum: No

Read other articles

• International Merchant Accounts
• Why Offshore Merchant Account is Beneficial For a Web Pharmacy Business
• Why a Web-Based Pharmacy Business Needs Online Merchant Account

Read all articles