Transact

About Transact

Transact is an ISO company that specializes in delivering payment processing solutions across various sectors, including retail, hospitality, and eCommerce. They focus on providing businesses with the tools needed to manage transactions efficiently while ensuring security and compliance with industry standards. Their offerings include point-of-sale systems, mobile payment solutions, and software integrations that help businesses streamline their operations. Transact aims to support merchants by enhancing payment capabilities and improving customer experiences, often emphasizing user-friendly interfaces and reliable service. The company navigates a competitive landscape by continually adapting to technologies and consumer preferences, which is critical in the fast-evolving payments industry.

Pricing

Transact generally offers a variety of fees associated with its payment processing services. Although specific pricing may vary based on individual agreements, typical fees include a transactional fee of approximately 2.5% per transaction, along with a flat fee of around $0.10 to $0.30 per transaction. Additionally, there may be a monthly service fee that can range from $10 to $30, depending on the service level and features chosen. For businesses utilizing a payment gateway, there might be an additional gateway fee of about $15 to $25 per month. Furthermore, some contracts may incorporate annual fees, which can average between $100 and $200 for account maintenance or compliance costs. Overall, it’s essential for businesses to consider these various fees when evaluating the total cost of using Transact’s services, as the overall expenses can accumulate based on transaction volume and service requirements.