we just got our 1st merchant account set-up, we went with card sevices intl.
2.67% discount rate
no hold-back
no cap
i inquired at armorytrust and never heard back from anyone
i applied at banckcard-services and got fucked over for 3 weeks before they came back with
3.75% rate
5% holdback
no cap
(btw, the contract they sent me included terms for authorize.net, not sure what they were thinking) and they added a $25 per month fee to "manage" our money being held in a holdback account. all this after they told me they need to process our transactions offshore. red flags everywhere
good luck, do your research, and read the fine print
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