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Merchant services and credit card processing

Take cards today.
Money in the bank tomorrow.

Credit and debit card acceptance for your business: at the counter, online, or on the go. Next-day funding is the standard, not a paid upgrade, and every account is underwritten by a real person upfront so your money never gets stuck.

Or call (615) 943-9373

Sample account · ••4417

Riverside Supply Co.

Next-day funding on

Scheduled · tomorrow 8:00 AM

$4,812.50

Card sales

142

Today · batch
Tomorrow · in bank

$3,946.18

Yesterday's sales, deposited today

Deposited

$5,207.44

Monday's sales, deposited Tuesday

Deposited

Every business day · no payout fee · no holds

$3.9B

Annual volume

5.2M

Annual transactions

65K

Clients

2001

In business since

PCI DSS Level 1

A-LIGN certified

HIPAA

A-LIGN certified

CoreCommerce is a merchant services provider offering next-day funding credit card processing for businesses across the US. You get a merchant account with transparent interchange-plus pricing, payment processing for in-person and online sales, and next-day funding as the standard, not a paid upgrade. We don't hold your funds and we don't re-underwrite you mid-stream.

Partnering with industry leaders

KeyBank Huntington National Bank Payroc CardConnect Arrow Payments Fresh Technology Taziki's Big Bad Breakfast Waldo's Chicken & Beer AESwave American Junior Golf Association Manning Materials Inc Tax Defense Network
01 What we kept

The two things modern processors got rid of. We kept them.

Today
Tomorrow

Next-day funding. Standard.

Your sales today are in your bank tomorrow. No 7 to 14 day first-payout wait, no “instant payout” fee skimming 1.5% off the top. Next-day is just how fast funding works here.

Approved by a person
Underwrite Go live

Real underwriting, upfront.

Instant-approval processors underwrite you after you're live, by algorithm, mid-stream. That's how funds get frozen. We underwrite once, before you go live. Approved means approved.

Line 1 · answered

A person who answers.

Your account was reviewed by a human, so there's a human who knows it. Call us and someone picks up.

02 How our model differs

“Instant approval” is not a favor. It’s a delay in disguise.

Flat-rate processing approves you in minutes because underwriting hasn’t happened yet. It happens later, algorithmically, without warning, and usually right after your best sales day. We do it once, upfront, the way a bank would.

Flat-rate processing compared with CoreCommerce merchant services
Feature Typical flat-rate processor CoreCommerce
Approval Instant, but provisional 24 to 48 hours, reviewed by a person
Underwriting After you are live, by algorithm Before you are live, by a human underwriter
First payout Commonly 7 to 14 days Next business day, same as every payout after
Standard funding About 2 business days Next business day
Faster funding Charged as a percentage of each payout Included at no cost
Holds and reserves Applied mid-stream without warning We don't hold your funds
Support Ticket queue A person who knows your account

Flat-rate figures reflect publicly published pricing and documentation as of July 2026. Terms vary by provider and by account.

03 Every way to take a card

Merchant services for every way you take a card.

01

At the counter

Countertop terminals and POS-ready card readers. Tap, dip, swipe: Visa, Mastercard, Amex, Discover, Apple Pay, Google Pay.

Terminal 01 · front counter

Amount due

$34.10

Ready
Tap, insert or swipe
02

Online

A simple hosted checkout page or payment links you can email, powered by CoreGateway. No web developer needed.

pay.riversidesupply.com/inv-2841
Invoice 2841 $248.00

Card number

4242 4242 4242 4242
04 / 29
•••
Pay $248.00
03

Over the phone

A virtual terminal that runs in any browser. Key in a card, done.

Virtual terminal Phone order

Charge amount

$128.00

4111 •••• 1881
Run card
1 2 3 4 5 6 7 8 9 0
04

On the go

Take tap to pay right on the phone you already carry. Job sites, deliveries, markets, events.

See CoreMobile
CoreMobile · field Reader ready

Job 4419 · deck repair

$96.00

Funds arrive tomorrow
Tap to pay

One merchant account. One statement. One next-day deposit, no matter how the card was taken.

04 Equipment and POS

Terminals, POS systems, and readers. Matched to how you sell.

We spec the setup around how you actually take payments. If you already have a point of sale system, we will tell you honestly whether we integrate with it.

Retail and service counters

Countertop terminals

A standalone credit card machine for the front counter. Chip, swipe, contactless, and PIN debit. Connects over ethernet or wifi, prints receipts, and batches automatically at your cutoff time.

Restaurants and multi-station retail

POS-integrated readers

Card readers that plug into your existing point of sale software so tickets, inventory, and payments stay in one system. We confirm which POS systems we integrate with before you sign, not after.

Field and mobile businesses

Tap to pay on a phone

Tap to pay directly on an iPhone or Android with no hardware at all. Built for job sites, deliveries, markets, and events.

Phone orders and invoicing

Virtual terminal

A browser-based virtual terminal for keyed and phone orders. No hardware, no install. Take a card over the phone, email a receipt, and store the customer for repeat billing.

Not sure which setup fits? Tell us how you take payments and we will spec it for you, including whether your current equipment can be reprogrammed instead of replaced.

05 Approval and funding

Underwritten once, upfront. Then funded every business day.

Real underwriting is the reason our approvals hold. It is also the reason we can fund you the next business day without holding a percentage back against risk we never assessed.

01

You apply

A short application, your business details, and a recent processing or bank statement. Ten minutes, and you can send the statement later if you don't have it handy.

02

A human underwrites it

A real underwriter reviews your business type, processing history, and risk profile. Not a scoring algorithm. If something is missing, someone calls you instead of silently declining.

03

You're approved

Typically within 24 to 48 hours. Approved means approved: we don't re-underwrite you mid-stream, and we don't apply a reserve after you've started processing.

04

You start processing

Equipment is shipped preconfigured or your gateway credentials are issued the same day. Most merchants take their first card within a week of applying.

How funding actually works

A card payment moves through four stages: authorization, batch, settlement, and deposit. Most processors add days between settlement and deposit. We don't.

Step 1

Authorization

The moment the card is tapped, dipped, or keyed, the issuing bank approves the amount and holds it against the cardholder's account. This happens in about two seconds.

Step 2

Batch

Your day's approved transactions are grouped into a batch and submitted at your cutoff time. Terminals batch automatically, so nothing is left sitting overnight by accident.

Step 3

Settlement

The card networks move funds from the issuing banks to the acquiring bank, and interchange and assessment fees are applied at this stage.

Step 4

Deposit

Funds land in your bank account the next business day, typically by 8:00 AM. No payout fee, no ramp-up period on your first deposit, and no percentage held back.

Batches submitted after your cutoff, on weekends, or on bank holidays deposit the following business day. Your cutoff time is set when your account is approved.

06 Pricing

Pricing you can actually read.

Flat-rate payment processing charges everyone 2.9% + 30¢ and keeps the spread between that and what cards actually cost. We use interchange-plus pricing: you pay the true card cost plus a transparent markup you can see on every statement.

Flat rate 2.9%

True card cost
Hidden spread

Interchange-plus

True card cost
Markup

Illustrative. Your rates depend on card mix and volume.

Monthly card volume

$85,000

At 2.9% + 30¢

$3,032

Interchange-plus est.

$1,899

Est. monthly difference

$1,133

Estimate only. Assumes a $45 average ticket. Your statement decides.

Statement review

See it on your own numbers.

Send us a recent statement and we'll show you the difference, line by line.

Turnaround1 business day
What you getLine-by-line markup
CostNone
Get a Savings Analysis

Every line that can appear on your statement

There are only a handful of real cost components in credit card processing. A confusing statement is a choice the processor made, not a fact of the industry.

Merchant services fee components and how CoreCommerce handles each
FeeWhat it isHow we handle it
Interchange Set by the card-issuing bank and published by Visa and Mastercard. Every processor pays the same rate. Passed straight through
Assessments Charged by the card network itself on each transaction, separate from interchange. Passed straight through
Processor markup Our margin. This is the only number that actually differs between processors. Disclosed on every statement
Monthly account fee Covers statements, reporting, and account maintenance. Quoted up front, never variable
Chargeback fee Charged when a cardholder disputes a transaction and the case is opened. Quoted up front
Setup fee One-time cost to open the account. None
Monthly minimum A floor you're billed up to if you process below it. None
Early termination fee Charged for leaving before a contract term ends. None. Month-to-month.

What are you actually paying right now?

Headline rates are marketing. Your effective rate is the only number that matters: total fees divided by total card volume. Take the two figures off your last statement and see it for yourself.

$
$

Include every line: discount rate, per-item fees, monthly fees, PCI fees, statement fees. All of it.

Your effective rate

3.38%

That is well above what most established businesses should be paying.

This is arithmetic on your own numbers, not a quote. What a fair rate looks like depends on your card mix, average ticket, and volume.

Surcharging

In most states you can pass a compliant surcharge on to the customer and recover much of your card cost. The rules differ by state and by card brand, and getting them wrong carries real penalties. We configure surcharging correctly for where you operate, disclose it the way the card brands require, and tell you plainly if your state restricts it. Debit cards can never be surcharged, anywhere.

Common questions

Anything else, ask a person: (615) 943-9373.

What does approval require, and how long does it take?+

A completed application, your business details, and a recent processing statement or bank statement. An underwriter reviews it, typically in 24 to 48 hours. If we need one more document, someone calls you instead of silently declining.

When exactly do funds arrive?+

Batch by your cutoff time and the deposit lands the next business day, typically by 8:00 AM. Your first deposit follows the same schedule as every one after it. There's no ramp-up period.

Are there setup fees, monthly minimums, or contracts?+

No setup fee, no monthly minimum, and no hidden fees. Accounts are month-to-month with no cancellation fee, so nothing locks you in beyond the month you're in.

Which cards and what equipment do you support?+

Visa, Mastercard, American Express, Discover, plus Apple Pay, Google Pay and contactless. Countertop terminals, PIN pads, POS-integrated readers, tap to pay on a phone, a browser-based virtual terminal, and hosted checkout, all on one merchant account.

What happens if I get a chargeback?+

You're notified the day we receive it, with the reason code and the deadline in plain language. You upload your evidence and our team reviews it with you before it's submitted. A chargeback doesn't put your funding on hold.

What are merchant services?+

Merchant services are what let a business accept credit and debit cards: a merchant account, the equipment or software to take payments, and the processing that moves money to your bank. CoreCommerce provides all of it on one account, in person, online, over the phone, and on the go.

How much does credit card processing cost?+

With interchange-plus pricing you pay the true card-network cost plus one transparent markup, so there is no hidden spread like flat-rate 2.9% plans. Your exact rate depends on your card mix and volume. Send us a recent statement and we will show you the number on your own sales.

What is next-day funding?+

Next-day funding means the card sales you batch today land in your bank the next business day, typically by 8:00 AM. With CoreCommerce it is the standard, not a paid upgrade, and there is no 7 to 14 day wait on your first deposit.

How does credit card processing work?+

A card payment moves through four stages: authorization, batch, settlement, and deposit. Your terminal authorizes the card in about two seconds, batches the day's sales at your cutoff, the networks settle the funds, and the money lands in your bank the next business day.

What is interchange?+

Interchange is the fee the card-issuing bank keeps on every transaction. Visa and Mastercard publish these rates and every processor pays the same ones. What differs between processors is the markup added on top, which is exactly what interchange-plus pricing makes visible.

What is the difference between a merchant account and a payment processor?+

A merchant account is the bank account that holds your card sales before they reach your business account. A payment processor moves the transaction between your terminal, the card networks, and that account. You need both, and we provide both on one agreement.

Why do processors hold or freeze funds?+

Usually because underwriting happened after the account went live. When an algorithm sees a sale that doesn't match a profile it never properly built, it holds the money. We underwrite before you process, which is why we don't hold your funds later.

What is a rolling reserve?+

A rolling reserve is a percentage of your sales the processor keeps for a set period, often six months, to cover potential chargebacks. It's a symptom of risk that was never assessed upfront. We don't apply reserves to accounts we've already underwritten.

How long until I can start processing?+

Most merchants are approved in 24 to 48 hours and processing within a week. Terminals ship preconfigured, and gateway credentials for online or phone orders can be issued the same day the account is approved.

Do I need a merchant account to sell online?+

Yes. Online sales need a merchant account plus a payment gateway to connect your website to it. Both are included here, whether you use our hosted checkout page, embed a form, or send payment links by text and email.

Can I pass processing fees to my customers?+

In most states, yes, through compliant surcharging. The rules vary by state and by card brand, so we configure it correctly for where you operate and tell you plainly if your state restricts it.

What is PCI compliance and do I need it?+

PCI DSS is the card industry's security standard, and every business accepting cards must meet it. CoreCommerce is PCI DSS Level 1 certified by A-LIGN, an independent third-party auditor. What's required on your side depends on how you take payments, and we'll tell you which apply to your setup.

What POS systems do you work with?+

Tell us what you're running and we'll confirm whether we integrate with it before you sign, not after. If your current point of sale system isn't supported, we'll say so upfront instead of selling you hardware you'd have to replace.

How do I switch from my current processor?+

Send us a recent statement, we underwrite the account, then we program equipment or issue gateway credentials before you cut over. Most switches happen with no downtime. Month-to-month accounts mean there's no cancellation fee waiting on our side.

What is EMV and why does it matter?+

EMV is the chip standard on modern cards. Accepting chip transactions correctly shifts liability for counterfeit fraud from your business back to the issuing bank. Every terminal we ship is EMV certified and supports contactless out of the box.

07 Recurring and ACH

Bill on a schedule. Get paid without chasing.

Memberships, subscriptions, retainers, payment plans, and donor programs all run on the same small business merchant account, at no extra platform fee. Cards are stored as tokens, not card numbers, so a saved customer is never a stored card number sitting in your system. Recurring billing runs on CoreGateway, our own payment gateway.

Subscriptions and memberships

Recurring billing

Set the amount and the schedule once and it runs. Weekly, monthly, annual, or a fixed number of installments. Nonprofits running donor programs can pair this with CoreCause.

Reduce involuntary churn

Card updater

When a customer's card is reissued or expires, the updated number is pulled automatically from the card networks. That's the single largest cause of failed recurring payments, handled before it becomes a lost customer.

Lower cost on large amounts

ACH bank transfers

Pull payments directly from a customer's bank account over the ACH network. Materially cheaper than cards on large recurring amounts, which matters on rent, tuition, retainers, and B2B invoices.

Recover failed payments

Retry logic

A declined recurring payment is retried on a schedule that matches how issuing banks actually behave, instead of hammering the card and getting the account flagged.

08 Switching processors

Switching is five steps. Usually with no downtime.

The fear of a messy switch keeps more small business owners in bad pricing than the pricing itself does. Here is exactly what happens, in order, so there are no surprises.

01

Send us a statement

Two or three months of your current merchant statements. We read your real effective rate, not the headline rate you were quoted, and show you the difference line by line.

02

We underwrite the account

A human reviews it, typically in 24 to 48 hours. You'll know you're approved before anything changes on your end.

03

Equipment is prepared

Terminals ship preconfigured, or existing equipment is reprogrammed where it can be. Gateway credentials are issued the same day for online and phone orders.

04

You cut over

You process on the new account when you're ready, usually between close and open. Most merchants have no downtime at all.

05

You close the old account

Month-to-month here means no cancellation fee waiting on our side. We'll tell you what to check for on theirs before you sign anything.

Start with step one: send us a statement and we will show you what you are actually paying before you commit to anything.

09 By industry

Merchant services built around how your business actually sells.

Card mix, ticket size, and cash-flow pressure differ enormously by industry, and a quote built for one is the wrong quote for another. Here is what changes for yours.

Restaurants

Tip adjustment, POS-integrated readers, and a Saturday rush that deposits Monday.

See restaurants →

Retail

Countertop terminals, PIN debit routing, and interchange-plus on a favorable card mix.

See retail →

Ecommerce

Hosted checkout and subscriptions, underwritten upfront so growth doesn't trigger a hold.

See ecommerce →

Contractors and field service

Tap to pay on your phone, payment links by text, and next-day funding on large tickets.

See contractors →
10 Statement review

See exactly what you pay now.

Send us 2 to 3 months of your current merchant statements. We read the real markup hiding in your effective rate, then show the same volume on interchange-plus, line by line. One business day. No cost.

We find the padded rate and junk fees on your current statement.

You get your cost today versus interchange-plus, side by side.

No switch required to see the number. It is yours to keep.

Prefer email? Send them to sales@corecommerce.com.

Your statement is reviewed by our underwriting team and is never shared or sold. Privacy policy.

PCI DSS Level 1 · A-LIGN certifiedIn business since 200165K clients

Your statements are used only for your analysis. No cost.

11 Glossary

Merchant services terms, in plain language.

The payments industry runs on jargon, and that is not an accident. Here is what the words on your statement actually mean.

Merchant account
A bank account that holds funds from your card sales before they're deposited into your business checking account.
Payment processor
The company that routes a transaction between your terminal, the card networks, and your merchant account.
Payment gateway
Software that connects an online store, virtual terminal, or invoice to the payment processor.
Interchange
The fee the card-issuing bank keeps on each transaction. Published by Visa and Mastercard, and identical for every processor.
Assessment fee
A smaller fee the card network itself charges on each transaction, separate from interchange.
Interchange-plus pricing
A pricing model where you pay true interchange plus a disclosed markup, so the processor's margin is visible on every statement.
Flat-rate pricing
A single blended rate charged on every transaction regardless of true card cost, with the difference kept by the processor.
Effective rate
Your total processing fees divided by your total card volume. The only number that reflects what you actually pay.
Authorization
The approval from the cardholder's bank confirming funds are available and reserving the amount.
Batch
The group of approved transactions submitted for settlement at your daily cutoff time.
Settlement
The movement of funds from issuing banks to the acquiring bank, where interchange and assessments are applied.
Next-day funding
Deposit of settled card sales into your bank account on the next business day after batch.
Chargeback
A forced reversal initiated by the cardholder's bank when a charge is disputed.
Rolling reserve
A percentage of sales a processor withholds for a set period to cover potential chargebacks.
EMV
The global chip-card standard. Correct EMV acceptance shifts counterfeit-fraud liability to the issuing bank.
Tokenization
Replacing a card number with a meaningless substitute value so live card data is never stored in your systems.
PCI DSS
The Payment Card Industry Data Security Standard, which every business accepting cards must meet.
Virtual terminal
A browser-based screen for keying in card payments taken by phone, mail, or in person without hardware.
Surcharging
Adding a compliant fee to card transactions to offset processing costs, where state law and card-brand rules allow.
ACH
Bank-to-bank transfers over the Automated Clearing House network, used for direct debit and lower-cost recurring payments.
Card-not-present
A sale where the card is keyed or stored rather than dipped or tapped, such as phone, invoice, or online orders. It carries higher interchange and more chargeback risk than card-present.
12 Guides

The parts of this industry nobody explains to you.

Written for business owners rather than risk teams. No sales pitch, and useful whether or not you ever become a customer.

Guide · 8 min

How credit card processing works

Authorization to deposit, every party involved, and where each dollar goes.

Read →

Guide · 8 min

Interchange-plus vs flat-rate pricing

What interchange really is, where the spread goes, and which model costs you less.

Read →

Guide · 9 min

How to read your merchant statement

The order to read one in, the one calculation that matters, and the red flags.

Read →

Guide · 7 min

Why processors freeze merchant funds

What triggers a hold, how rolling reserves work, and the structural fix.

Read →

Guide · 6 min

What is a rolling reserve?

How much one really costs in working capital, and how to get it released.

Read →

Guide · 9 min

Chargeback prevention guide

The three real causes, what each one costs, and how to fight one you can win.

Read →

Guide · 7 min

Merchant account approval requirements

What underwriters actually assess, and what to do if you're declined.

Read →

Guide · 7 min

PCI compliance for small business

Which questionnaire applies to you, and how to shrink your scope.

Read →

Guide · 6 min

EMV and the liability shift

Why chip acceptance is a liability instrument, not a convenience feature.

Read →

Guide · 7 min

Surcharging rules explained

The card brand rules that apply everywhere, before your state's do.

Read →

Guide · 8 min

How to choose a POS system

The lock-in question to ask first, and how to judge five-year cost.

Read →

Guide · 7 min

Payment security best practices

Hold less card data, so a breach has less to take.

Read →

Browse all merchant services guides →

Security and compliance

Audited by an outside assessor, not self-certified.

Your customers' card data sits behind the highest level of payment security, checked every year by an independent auditor.

Card data

PCI DSS Level 1

The highest level of card-data security compliance, assessed every year by A-LIGN, an independent auditor.

Health data

HIPAA

Independently assessed by A-LIGN for handling protected health information, so medical and dental practices can take payments without adding risk.

Stored cards

Tokenization

Saved cards are stored as tokens, never the real card number, so there is no live card data in your systems to steal.

Apply today. Approved by a person. Funded by tomorrow.

Ten minutes to apply, 24 to 48 hours to a real approval, then your money hits your account every business day.

Step 01 · today

Apply in ten minutes

Step 02 · 24 to 48 hrs

A person underwrites it

Step 03 · day one

Take cards, get paid next day

Get Approved (615) 943-9373

Or email sales@corecommerce.com