Worldpay Contract and Fee's?

[Yeaux]

I have a contract sitting in front of me that I need to make a decision on. Installing Crypto Pay Swipe and Tap at our newly purchased locations on the IBA. Crypto Pay uses WorldPay. I've never used a CC processor in the past and not sure what is a fair %. The fee's are as followed. Do you think this is a fair charge?

World Pay has the Discount Rate at 0.25%. What exactly is the discount fee?

Transaction fee is $0.06.

There is a PCI Non Validation Fee/Non-Compliance Monthly Fee of $74.95. Is this a reasonable monthly charge?

Pass-Through Plus Fee is 0.025%. Not sure exactly this fee is, can someone comment on this?

Check Commerce ACH Service (per transaction) $0.02. What is this fee?

I reached out to WorldPay with these questions mid week last week. Still no response. Another concern I have is the lack of response from that email. If I have an issue in the future will this be the norm? If these fees are excessive are there other options for CC processors to use with Crypto Pay equipment?

Please excuse my ignorance on this topic!! Thanks in advance for any input on this subject.

 

[soonermajic]

Those are pretty standard , & low rates.

 

[OurTown]

You should not have to pay the $75/month PCI compliance few if you have Cryptopay. If you have Cryptopay equipment you have no choice but to use Worldpay. The rates are reasonable IMHO. Call Cryptopay and they should be able to contact Worldpay on your behalf to remove the PCI fee.