The NYOP Difference
While most processors nickel and dime their merchants by charging excessive markups on transactions and countless other fees, NYOP eliminates these expensive practices by putting the merchant in control. All of our merchant accounts are interchange pass-through merchant accounts. Interchange is the term used to describe the cost of a transaction from Visa, MasterCard, and Discover. This means that all merchants processing credit cards with NYOP Merchant are processing at cost. All Fortune 500 companies have interchange pass-through merchant accounts, shouldn't you?
Over time, merchant account fees can really add up. Here at NYOP Merchant we believe in offering a low cost, transparent alternative to the typical credit card processing merchant account that you are used to. Take a look at our fees and see how they compare to the payment card industry and your current merchant account.
Fee Type |
Industry Average |
NYOP Merchant |
Discount Rate |
.2-3.4% above interchange |
0% |
Transaction Fee |
25¢ |
8¢ |
Application Fee |
$75-$150 |
$0 |
Monthly Minimum NYOP |
$25-$40 |
$35 |
Address Verification Fee (AVS) |
3¢-10¢ |
$0 |
Batch Fee |
5¢-45¢ |
$0 |
Statement Fee |
$8-$19 |
$0 |
Chargeback Fee |
$35 |
$25 |
Voice Authorization |
$1.50 |
75¢ |
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