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Bank of America -- Credit Card Processing
 
Banking on Savings

Here's one more reason to consider processing credit cards through ABA's Bank of American Merchant Services program. From March 1 through the end of June 2008, Bank of America will waive the $75 application fee for booksellers who sign up for the program.

Bank of America offers competitive rates, which can be as low as 1.85% for swipe transactions and 1.65% for check cards. Booksellers who would like to learn more should contact Paula Kelly, vice president, BA Merchant Services, at Paula.R.Kelly@bankofamerica.com or (860) 523-6122.

ABA members can save money by processing credit cards through Bank of America Merchant Services program.

In addition to competitive rates, ABA members benefit from:

  • No annual membership fee ($75+ savings)
  • No cancellation fee
  • No monthly minimums (up to $25 monthly savings)
  • No statement fees ($5-$15 monthly savings)
  • Free supplies and free delivery ($50-$200 savings)
  • Easy-to-understand monthly statements
  • 24/7 online accounting/reporting
  • Late day batch cut off
  • 24 hour funding, usually next day
  • Rates as low as 1.85%* plus 6¢ authorization fee for Visa® and MasterCard® swipe transactions **
  • Check card rate as low as 1.65%* plus 6¢ authorization fee**
  • Preferred pricing on equipment

    *Certain eligibility requirements and some exceptions may apply.
    ** Plus applicable interchange pass-through

Members should contact Paula Kelly directly via e-mail or call her at (860) 523-6122 / (617)310-2760 (Fax).

last updated 4/08