As a campus merchant, your estimated monthly costs depend on a few factors. For example:

  • If a department uses  a credit card terminal (from the University's approved merchant bank) then credit card fees consist of:
    • Merchant Bank processing fees: About 2-3% of total sales
  • If a department uses Nelnet Commerce Manager for its e-commerce solution then credit card fees consist of:
    • A portion of the Nelnet monthly hosting fee:  About $20 per month
    • Transaction fee: $0.32 per transaction
    • Merchant Bank processing fees: About 2-3% of total sales
  • If a department uses another 3rd party vendor for its e-commerce solution then credit card fees consist of:
    • The third party e-commerce system charges
    • Merchant Bank processing fees: About 2-3% of total sales

Miscellaneous Equipment Information 

Departments may select from the pre-approved options below for card present environments:

  • FD150 (must use analog phone option only): $495 one-time purchase
  • RP10 PIN pad (optional): enables customers to complete transactions on the FD150 without handing over their card and enables debit PIN transactions; $199 one-time purchase 
  • CloverFlex (connects via WiFi or cellular): $499 one-time purchase
    • No additional fee for WiFi connection
    • $15/month fee for cellular connection
    • Additional approved options that include features such as integrated cash drawers and networked printers are also available from Clover.
UIC Components