SCHEDULE A (FEES)

SAME DAY ACH PRICING

REF #

A

B

C

D

E

F

Tran
Amt $

<$503

<$1,020

<$249,999

<$499,999

<$749,999

<$999,999

Disc %

1.45%

1.45%

Trans Fee $

$0.20

$0.20

Debit Cap

– –

$15

$20

$25

$25

$30

Credit Cap

– –

$7.50

$10

$20

$25

$30

REF #

A

B

C

D

E

F

Transaction Amount $

$0 – $503

$504-$1,020

$1,021 – $249,999

$250,000 – $499,999

$500,000 – $749,999

$750,000 – $999,999

Discount %

1.45%

1.45%

Transaction Fee $

$0.20

$0.20

Debit Cap $

– –

– –

$15

$20

$25

$30

Credit Cap $

– –

$7.50

$10

$20

$25

$30

SAME DAY ACH PRICING EXAMPLES

REF #

A

A

A

A

A

B

C

C

C

D

E

F

Transaction Amt $

$1.00

$2.50

$10.00

$25.00

$250.00

$1,000

$2,500

$10,000

$100,000

$250,000

$500,000

$750,000

ACH Debit Trans Fee $

$0.21

$0.24

$0.35

$0.56

$3.83

$14.70

$15.00

$15.00

$15.00

$20.00

$25.00

$30.00

ACH Credit Trans Fee $

$0.21

$0.24

$0.35

$0.56

$3.83

$7.50

$10.00

$10.00

$10.00

$20.00

$25.00

$30.00

APPLICABLE
REF #

A

A

A

A

A

B

C

C

C

D

E

F

Transaction
Amount $

$1.00

$2.50

$10.00

$25.00

$250.00

$1,000.00

$2,500

$10,000

$100,000

$250,000

$500,000

$750,000

ACH Debit
Transaction Fee $

$0.21

$0.24

$0.35

$0.56

$3.83

$14.70

$15.00

$15.00

$15.00

$20.00

$25.00

$30.00

ACH Credit
Transaction Fee $

$0.21

$0.24

$0.35

$0.56

$3.83

$7.50

$10.00

$10.00

$10.00

$20.00

$25.00

$30.00

ACH RETURNS & DISPUTES

ACH Return
Dispute
Chargeback

$5
$20
$20

per return
per dispute
per chargeback

ACH Return
Dispute
Chargeback

$5
$20
$20

per return
per dispute
per chargeback

BANK CONNECTION

Mcardit online bank connection via MX

Bank Connection

Balance Check

Transaction Data

$1.25

$0.10

$1.50

once per connected bank acct

per connected bank trans

per connected bank / mth

Bank Connection
Balance Check
Authorized Transactional Data
$1.25 $0.10 $1.50

once per connected bank / financial account
per connected bank transaction
per Customer / Payee Bank per month
(when available)

BANK VERIFIED

Mcardit bank verification via Straddle

Bank Verification

$1.25

once per verified bank account

Bank Verification

$1.25

once per verified bank account

ID & KYC - CONSUMER (B2C)

Non Existing Mcardit ID & KYC
Existing Mcardit ID & KYC
Address Release Authorization

$1.75
$0.25
$0.25

per Consumer
per Consumer
per Consumer

Mcardit uses email to lookup a consumer to see if they exist in the Mcardit database. If they do exist in the Mcardit database and have been previously verified, the “existing Mcardit ID & KYC” fee is assessed to the merchant. If the consumer does not exist within the Mcardit database, they must complete the verification process and the “non existing Mcardit ID & KYC” fee is assessed to the merchant.

Mcardit verifies every consumer’s identity through an ID and KYC verification process that takes 900 milliseconds to complete. Once verified, the consumer does not need to repeat the process and as a result the merchant is assessed a lower fee for connecting with a previously verified consumer.

Merchants can invoice consumers prior to formalizing a verified relationship, however, the consumer’s contact information is hidden from merchant view until the consumer authorizes the release of this information through Mcardit’s Address and Contact Release Authorization process or until a Merchant issued invoice or remittance has been paid which constitutes a financial relationship between the parties. If this optional Address Release Authorization is used, the fee is assessed for said release.

Non Existing Mcardit ID & KYC
Existing Mcardit ID & KYC
Address Release Authorization

$1.75
$0.25
$0.25

per Consumer
per Consumer
per Consumer

Mcardit uses email to lookup a consumer to see if they exist in the Mcardit database. If they do exist in the Mcardit database and have been previously verified, the “existing Mcardit ID & KYC” fee is assessed to the merchant. If the consumer does not exist within the Mcardit database, they must complete the verification process and the “non existing Mcardit ID & KYC” fee is assessed to the merchant.

Mcardit verifies every consumer’s identity through an ID and KYC verification process that takes 900 milliseconds to complete. Once verified, the consumer does not need to repeat the process and as a result the merchant is assessed a lower fee for connecting with a previously verified consumer.

Merchants can invoice consumers prior to formalizing a verified relationship, however, the consumer’s contact information is hidden from merchant view until the consumer authorizes the release of this information through Mcardit’s Address and Contact Release Authorization process or until a Merchant issued invoice or remittance has been paid which constitutes a financial relationship between the parties. If this optional Address Release Authorization is used, the fee is assessed for said release.

ID & KYB - BUSINESS COMMERCIAL (B2B)

Non Existing Mcardit ID & KYB
Existing Mcardit ID & KYB
Address Release Authorization

$2.00
$0.25
$0.25

per Business
per Business
per Business

Mcardit uses email to lookup a business to see if they exist in the Mcardit database. If they do exist in the Mcardit database and have been previously verified, the “existing Mcardit ID & KYC” fee is assessed to the merchant. If the business does not exist within the Mcardit database, they must complete the verification process and the “non existing Mcardit ID & KYC” fee is assessed to the merchant.

Mcardit verifies every business’ identity through an ID and KYB verification process. Once verified, the business does not need to repeat the process and as a result the merchant is assessed a lower fee for connecting with a previously verified business.

Merchants can invoice businesses prior to formalizing a verified relationship, however, the business’ contact information is hidden from merchant view until the business authorizes the release of this information through Mcardit’s Address and Contact Release Authorization process or until a Merchant issued invoice or remittance has been paid which constitutes a financial relationship between the parties. If this optional Address Release Authorization is used, the fee is assessed for said release.

Non Existing Mcardit ID & KYB
Existing Mcardit ID & KYB
Address Release Authorization

$2.00
$0.25
$0.25

per Business
per Business
per Business

Mcardit uses email to lookup a business to see if they exist in the Mcardit database. If they do exist in the Mcardit database and have been previously verified, the “existing Mcardit ID & KYC” fee is assessed to the merchant. If the business does not exist within the Mcardit database, they must complete the verification process and the “non existing Mcardit ID & KYC” fee is assessed to the merchant.

Mcardit verifies every business’ identity through an ID and KYB verification process. Once verified, the business does not need to repeat the process and as a result the merchant is assessed a lower fee for connecting with a previously verified business.

Merchants can invoice businesses prior to formalizing a verified relationship, however, the business’ contact information is hidden from merchant view until the business authorizes the release of this information through Mcardit’s Address and Contact Release Authorization process or until a Merchant issued invoice or remittance has been paid which constitutes a financial relationship between the parties. If this optional Address Release Authorization is used, the fee is assessed for said release.

OTHER

Merchant Application Fee
Set Up
Account On File

$0
$95
$9.95

waived
once
monthly

Schedule A Fees are subject to change without notice. Existing merchants may be grandfathered into prior Schedule A Fees on a case by case basis. Please contact Merchant Support. This Schedule A is applicable to standard risk merchants. Fees applied to merchants classified as higher risk may be result in higher fees and restrictions. Each merchant must submit an Mcardit Online Application which is subject to Mcardit and Mcardit Third Party Payment Processor approval. All terms and conditions are made available to merchants upon completion of the application process. All merchant approvals are at the discretion of Mcardit and its Third Party Payment Processors. 

Updated: March 1, 2024

Merchant Application Fee
Set Up
Account On File

$0
$95
$9.95

waived
once
monthly

Schedule A Fees are subject to change without notice. Existing merchants may be grandfathered into prior Schedule A Fees on a case by case basis. Please contact Merchant Support. This Schedule A is applicable to standard risk merchants. Fees applied to merchants classified as higher risk may be result in higher fees and restrictions. Each merchant must submit an Mcardit Online Application which is subject to Mcardit and Mcardit Third Party Payment Processor approval. All terms and conditions are made available to merchants upon completion of the application process. All merchant approvals are at the discretion of Mcardit and its Third Party Payment Processors. 

Updated: March 1, 2024

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