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Merchant Library
Costco - Merchant Account
Category: Merchant Account
Businesses: Internet;Phone/Mail/Fax;Retail
Approval Rate: Average
Availability: US Only
Cost: N/A
Setup Fee: N/A
Discount Rate: 1.65%
Transaction Fee: $0.20

Review
Yet another great customer service from Costco. You can accept Visa or MasterCard credit cards through your retail, mail, phone, or internet business, taking advantage of great low rates and fees. Merchant Services are provided through Nova Information Systems, one of the largest bankcard transaction processors in the US. Rates range from 1.65% plus $.20 per transaction for retail, 1.99% plus $.27 per transaction for mail and phone order sales. Plus, if you're already a Costco Executive Member your application fee and monthly statement fee will be waived. Internet processing solutions are available. American Express, Discover, and debit card processing available at an additional cost.

From Costco
Now Costco Members can accept VISA, MasterCard and Debit Card transactions at a low rate. Application and monthly statement fees are waived for Executive Members.
Contact Costco

Additional Fees Additional Features
  • 1.65% plus $.20 per Visa and MasterCard transaction for retail merchants
  • 1.99% plus $.27 per Visa and MasterCard transaction for mail and phone order merchants
  • Monthly minimums may apply
  • $4.95 monthly statement fee is waived for Executive Members
  • One time $25 application fee is waived for Executive Members
  • Rates may vary for American Express, Discover, and debit card transactions
  • 1.65% plus $.20 per Visa and MasterCard transaction for retail merchants
  • 1.99% plus $.27 per Visa and MasterCard transaction for mail and phone order merchants
  • $4.95 monthly statement fee is waived for Executive Members
  • One time $25 application fee is waived for Executive Members
  • Electronic processing for American Express, Discover, and debit card transactions are also available (rates may vary)
  • Internet processing available
  • Customer Service 24/7
  • Low prices and affordable lease options on equipment
  • Special terminal programs for restaurants, lodging and PC transaction processing
  • Service provided by Nova Information Systems, Inc., one of the largest merchant processors in the US
Contact Costco to Learn More...
 
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