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Estimated Annual Volume | Proposed Cost | ||||
Service | Count | Amount | Unit Rate | % Rate | Annual Cost (Count x Unit Rate or % Rate) |
Merchant Discount Rate | |||||
Visa | 2,200,000 | $260,000,000 | 0$0.15 | 1.7% | $3,396,538 |
Mastercard | 850,000 | 0$0.15 | 1.7% | $1,312,299 | |
Discover (including Diners & JCB) | 120,000 | 0$0.15 | 1.7% | $185,266 | |
Pin Debit | 1,000 | 0$0.15 | 1.7% | $1,544 | |
American Express (Separate Contract Maintained) | 125,000 | $27,000,000 | 2.25% | $607,500 | |
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