TransFreedom

Accept credit cards simply and affordably.

With TransFreedom®, you can break free from complicated card payment processing for your small business, avoid multiple fees, and concentrate on growing your business with:

  • No hidden fees
  • No-hassle statement reconciliation
  • EMV-enabled terminal, internet gateway, or mobile device


You know your business better than anyone else. So you should decide how much you pay for merchant card services. TransFreedom® gives you the flexibility to decide what fee structure works best for you, based on your monthly payment processing volume and average ticket size. All plans include:

  • Visa®, Mastercard®, Discover®, American Express®, and PayPal™ Processing Fees
  • Data breach coverage
  • PCI Compliance Fee included
  • Next day funding
  • Online reporting access
  • No annual fee
  • Supplies, including shipping costs, up to 3 rolls per month
 

Schedule A

Average Ticket $20 OR MORE

Monthly
Plan		 Monthly Processing
Allowance		 Monthly
Fee		 Additional
Volume*		 Apply
1 $0 - $1,500 $39 $20 Call
2 $1,500 - $3,500 $79 $20 Call
3 $3,500 - $6,000 $129 $20 Call

 

Schedule B

Average Ticket $19.99 OR LESS

Monthly
Plan		 Monthly Processing
Allowance		 Monthly
Fee		 Additional
Volume*		 Apply
1 $0 - $1,500 $79 $20 Call
2 $1,500 - $3,500 $129 $20 Call
3 $3,500 - $6,000 $225 $20 Call
 

 

Here's an example of how TransFreedom® merchant services works.

If your average ticket size is $20 and your average monthly payment processing volume is $2,800, you would select Plan 2 from Schedule A—giving a flat monthly rate of $79. The plan range provides flexibility for months where your volume is higher than average. Should your volume exceed expectations, you will be automatically billed in $20 increments from each $500 in processing volume needed. As your business continues to grow, simply request a change to the next plan level and continue to save!
 
We’re always here to support you if you have questions about which plan is best for you.

For more information, email us at merchantcardservices@bangor.com or call 1.877.Bangor1 (1.877.226.4671).