Verotel offers an all-in-one solution to accept payments for your websites!

Verotel Payment Solution

This easy and flexible solution is perfect for small, medium and large online businesses. Verotel's all-in-one payment solution will give you the opportunity to make use of all our payment methods and features. Verotel has no setup, refund and chargeback fees and we are able to offer you great competitive rates, processing rates start at 4.5%..

Start processing credit cards within one day!

Obtain your own merchant account (MID)

With Verotel it is also possible to extend your account and obtain your own MID. This is a perfect solution for larger established merchants that want complete control over their processing environment. You will be able to use your own order pages with Verotel’s API module and you can choose your own credit card descriptor. To obtain your own MID you will be charged an annual Mastercard fee of USD 1000.

Please find here a selection of the great features that Verotel's Payment Solution offers:

Service	Verotel Payment Solution
Accepted merchants	Worldwide
Monthly processing requirement	No requirement
High risk accepted	Yes
Webcam billing	Yes
Verotel FlexPay	Yes
Phone and email support for your customers	Included
Veronica Anti-Fraud	Included
Affiliate Marketing	Included
NATS4 compatible	Yes
Your own descriptor	Optional
Order pages	Customizable
Multi-currency	Optional
API possible	Optional
Signup or Setup Fees	No
Chargeback fees	No
Refund fees	No
Weekly fee	No
Pricing model	Discount rate (% of transaction)
Annual MasterCard registration fee	Own descriptor only
Pricing non-recurring transactions	See rate plan
Pricing recurring	Rate + 1.5%

Fees

Setup or Signup Fee

There is no setup or signup fee when you join Verotel.

Join Verotel today

Rate Plan Verotel's Payment Solution

Processing Fees for Credit Cards, US Check and Direct Debit Europe depend on the number of transactions processed with Verotel. The higher the volume of transactions, the lower your rate will be. On top we will reward merchants offering in single currency and meeting the Verotel compliant policy. Interested in this Verotel policy to apply for the lowest rates starting at 4.5%? Please contact us today and one of our professionals will advise you.

Our regular Processing Fee is calculated based on the following:

BASE RATE

The base rate depends on the average weekly volume of the last four weeks, with a two-week lag period. For example, on July 31st 2010, the base rate will be calculated on the average weekly volume of the period from June 19th 2010 to July 16th 2010

In case you have high volume? Please contact our international sales team.

Average weekly volume (in USD) Base Rate

0,000	-	1,000 14.0%
1,001	-	2,000 13.9%
2,001	-	3,000 13.8%
3,001	-	4,000 13.7%
4,001	-	5,000 13.6%
5,001	-	7,000 13.6%
7,001	-	10,000 13.4%
10,001	-	17,500 13.3%
17,501	-	25,000 13.2%
25,001	-	40,000 13.1%
40,001	+	13.0%

CHARGEBACK RATIO

The chargeback ratio is the number of charge backs issued in a period of four weeks divided by the total number of transactions in that same period. No Verotel merchant pays for chargeback fees, although the base rate will be affected by your overall chargeback percentage.

If the number of transactions in the last four weeks, with a two-week lag period, exceeds 200 transactions, then the chargeback ratio will be calculated. If this ratio is 1.0% or more, a surcharge of 1.5% will apply to the base rate.

Our International support and account management team accurately tracks all transactions and will contact the merchants in advance in case of any facing problems.

Please remember that these fees are based on fees we are currently charged by our banks. We value your continued trust in our services and are working hard to meet your expectations.

RECURRING TRANSACTIONS

A surcharge of 1.5% applies on all recurring transactions. (This does not apply to the first transaction of a recurring billing subscription.)

1-900 Billing

Verotel 1-900 Billing transactions The total charge depending on each ticket price		Verotel 1-900 Billing Europe transactions Minimum monthly charge NONE
Service	Rate	Service	Rate
Ticket from USD 8.75 to USD 12.99	30.0%	The enduser starts paying at EUR 0.70 for each minute (including local sales tax).	Verotel pays USD 0.40 for each minute.
Ticket from USD 13.00 to USD 24.99	25.0%
Ticket from USD 25.00 to USD 35.00	20.0%

Note: Rates may vary month by month due to currency exchange rate fluctuations.

Payment Fees

Payment type	Features	Price
US Check	US registered merchants	USD 2.50
ACH	US registered merchants only	USD 0.00
International Check	Non US registered merchants	USD 0.00

Wire / International Direct Deposit	Wires to an EURO account, with IBAN in EU	EUR 7.50
	Wires to an USD account	USD 30.00
	Wires to an British account	GBP 15.00

Please contact us if you have any questions about pricing.