TheECheck.com Processing Rates and Fees Explained
At TheECheck, we assess each business on a case-by-case basis, taking into account a range of variables, such as type of business, years in operation, amount of risk, estimated chargeback ratio and estimated refund ratio before setting our processing rates.
How Does TheECheck Determine My Rate?
TheECheck uses a unique algorithm (the step-by-step procedure used for calculations) to set the lowest possible rates for both our and low risk merchants. By assessing your complete business profile, including your industry, credit history, processing volumes and location, we then provide you with the lowest rate possible, tailored specific to your business and bank requirements.
Low Risk Merchants
Examples of low risk merchants
Hospitality and Accommodation
Ticketing and Events
Clubs and Buying Groups
Digital Content/Online Communications
Industry Associations and Directories
Not for profit and Charity organizations
High Risk Merchants
Examples of high risk merchants
Health and Wellness Products