Xpress Card Clearing Rates

Xpress Card Clearing (XCC) Key Features

• Integrated with any SiteWatch® Point-of-Service (POS) position, saving up to 45 seconds per transaction by eliminating double-entry and errors. Works with:
  
  
  • Touch Screen Terminal
  • Portable Touchscreen Terminal
  • PC Terminal
  • Keypad Terminal
  • Xpress Pay Terminal®
• Integration streamlines reconciliation by eliminating the need to compare two separate machines.
• Fast 2-second Internet Protocol (IP) processing. No more waiting on approval from the credit card network.
• Competitive rates.
  
  
  • By working with Mercury Payment Systems (MPS), DRB Systems has been able to get the combined purchasing power of thousands of payment positions.
     
    1. With MPS, there is no binding contract. 
    2. MPS provides excellent security as they are 100 percent PCI compliant.
    3. MPS has free 24/7 technical support. 
        
  • Reduce manual entry card costs. Faulty cards with bad data can use track one data to save on the basic credit card rates.
  • To keep your rates low, DRB Systems, Inc. does not receive any part of fees.
• Secure processing, as validated by the PCI Security Standards Council. DRB Systems, Inc. is listed on their website as accepted for new deployments.
• Flexible online Internet reporting.
• SiteWatch's Local Approval Mode allows you to continue to accept credit cards even if your connection to the Internet goes down. When the connection comes back online, XCC automatically processes all batched cards.
   

Xpress Card Clearing Rates

Mercury Payment Systems

The following rates are negotiated for new DRB Systems accounts with Mercury Payment Systems, our preferred card processor. If you wish to call Mercury directly to negotiate your own rate, they can be reached at 800-846-4472.

• Interchange plus $.07 for standard accounts
• Interchange plus $.06 for organizations processing more than $60K per month
• Interchange plus $.05 for organizations processing more than $150K per month

Three Important Questions:

Question #1: Mercury Payment Systems is the preferred company for credit card processing. Why?

• As mentioned above, this provides the ability to gather a large volume of credit cards through one channel, providing low rates for SiteWatch users –now and in the future. 
• One processor with a large portfolio can bring focus on the carwash industry. We recently were able to take advantage of a new SIC (Standard Industry Code) change with Visa/MC that produced special low rates for operators on all transactions less than $15.
• By working with one credit card processor, we can assure that the quality of service and product are maximized. It also allows DRB Systems to limit the amount of development dollars spent on meeting the specifications of different card processing networks.
• Mercury Payment Systems has a history of excellent service and high reliability.

Question #2: Beware Promises of Lower Rates from your local bank or ISO. Why?

On a typical credit card processing statement, there are in excess of 20 different charges (see above). Most ISO's (Independent Sales Organization) and banks quote the basic Visa/MC rate. Yet, that rate represents only 60% of the transaction fees of a typical statement. For instance, did you know that reward cards (commonly called "affinity cards") are charged at a higher rate by Visa/MC? Even though affinity cards represent an increasingly large percentage of transactions, they are rarely quoted. Routinely, an operator will sign on with one of these groups thinking they are saving money, but will often end up back with our recommended provider after they see their first few statements.

If you would like to compare rates, we provide a service to create a detailed comparison between your current statement and the Mercury Payment System rates. In most cases, you'll find their rates comparable or lower. If you are new to the industry and don’t have a statement to provide, give us the name and number of your contemplated card processor and we'll get the remaining rates to work up a comparison.

If you want to do a full comparison on your own, click here for a template that you can use when talking to the various processors.

Question #3: In some cases, you’ll find lower rates through a separate source. We still argue that you ought to carefully consider Xpress Card Clearing as a worthwhile investment. Why?

The predominant reasons are time savings and error reduction. We’ve clocked the savings of using integrated card clearing over a separate machine at times as long as 45 seconds per transaction. Multiply that time savings against your labor rate and that can make the difference on its own.

But more importantly, consider the time savings of speedy processing that your customer will experience. Given the impulse nature of our industry, speed is of paramount importance. On a busy day, this can be the difference of a dozen or more cars. Saving up to 45 seconds per transaction will result in shorter lines for your customers --whether they are waiting in their cars at an exterior wash or in line in the lobby at a full service wash. Shorter lines mean a faster experience for your customer and more cars for you.

Also, integration streamlines reconciliation by eliminating the need to compare two separate machines. Combining the information into one system makes the daily checkout much faster and more accurate.

How do I Get Started?

• Notify your DRB Systems sales rep of your desire to purchase Xpress Card Clearing.
• Contact MPS at 800-846-4472 ext. 1801, salessupport@mercurypay.com or download the pre-application at www.mercurypay.com/go/drbsystemspreapp.
  
  
  • Complete a five-minute phone application. Have your tax ID number and your contact list ready.
  • Fax or e-mail your completed application and voided business check. The application requires signatures in three places. Please write VOID on your printed business check before sending.
  • You will be enrolled within 24 to 48 hours of sending your completed application. Call DRB Systems to make sure you are ready to process with your new MPS account.

Thanks for your interest in Xpress Card Clearing. For more information, please feel free to call us at 1-800-336-6338.