Application Fee - The initial fee you are charged to open the merchant account. Many merchant account providers do not charge application fees.

Equipment and Installation - Software can range from $0 to $1200 US or more depending on whether you have batch or real-time processing. Costs for hardware (POS terminals) can range from $500 to $1,500+ depending on the model you purchase.

If you have current or projected sales data, you can forecast what your fees will be for different merchant account providers. Searchmerchants.com has done this for you with the top internet merchant become an iso merchant services account providers in their database. If you visit Searchmerchants.com, you may enter your monthly sales data to compare fees for their recommended providers.