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How It Works

Currently more than 99% of businesses accepting credit cards are on traditional programs. These businesses pay a variety of different Monthly and Annual Fees, as well as a percentage of all sales for the privilege of accepting Credit Cards as a form of payment. When you add up the fees and percentages that Business Owners' are forced to pay it comes out to anywhere from 2.5% – 4%+ of their Gross Credit Card Sales.

 
  1. Merchant enters Sales Amount
  2. Terminal automatically calculates the 4%
  3. Non-Cash Charge Receipt clearly breaks down Sale Amount and Non-Cash Charge
  4. Batch clearly breaks down the total Sales for the day, total Non-Cash Charge collected, and total without Non-Cash Charge which merchant receives as a deposit in the bank



Sign Up Process

Sign Up with Global Payment Source today and get started on saving your fees.

1. Submission

Void Business Check
Merchant's ID
Signed Agreement

To accept EBT, Merchant must provide the following:
FNS Number - Average Monthly Transaction Count

Other Paperwork

Terminal Sale ACH Debit Authorization From

2. Underwriting

MATCH List Search
Business Type
Transaction Size
Credit Check

3. Approval & Deployment

Approval typically comes 48-72 hours after Full Submission

After Approval Terminal is programmed and shipped to Merchant

4. Install

Online Registrations:

TSYS - VISA - MasterCard - Discover

Plug & Test Terminal

Compare Global Payment Source

With Global Payment Source it's very easy to see your savings.

Fees Global Payment Source Traditional Credit Card Processing
Annual Fee Waived $79.99 - $199.99 Per Year
Statement Fee Waived $5.00 - $10.00 Per Month
Terminal Maintenance Fee Waived $5.00 - $19.95 Per Month
Online Access Fee Waived $3.00 to $15.00 Per Month
TIN / IRS Fee Waived $4.95 - $9.99 Per Month
Express Funding Fee Waived $9.95 - $19.95 Per Month
 Authorization Fee Waived $0.05 - $0.25 Per Transaction
Transaction Fee Waived $0.05 - $0.25 Per Transaction
Interchange Fee Waived 2% - 4% of Gross Credit Card Sale Volume (varies by business and Card type)


The Global Payment Source Guarantee

Global Payment Source is so confident that you will be satisfied with our service that we added a guarantee. If at any point you decide that the Global Payment Source service is not right for your business we will match whatever deal you currently have with your Credit Card Processing Company and switch you back to the traditional credit card processing platform.