Credit Cards

Merchant MasterCard/Visa Sales Infosheet

Merchant Mastercard / Visa Account Requirements

• Banking relationship with First State Bank should be a six month minimum.
• Merchant Setup (required documentation)
• Merchant Application, Merchant Type/Merchant Tax ID Worksheet & Merchant Agreement must be completed, as well as a Financial Statement, and submitted to First State Bank.
• From the time we receive your documentation, you should allow 2–3 weeks for set up.
• Application Fee $75.00
• Upon approval the following items will be supplied by First State Bank (manual method only)
• Manual Printer, Merchant Metal Plates for Imprinter, Merchant Plastic Header Card,
• Merchant Display Stickers, Charge / Sales Slips, Credit Slips, Merchant Batch Header Slips,
• Merchant Envelopes
• Monthly Service Charge $5.00
• Merchant Rate Determined by First State Bank
• The merchant rate applies to all MasterCard/Visa sales
• Optional Electronic Funds Transfer Transactions
• Using existing equipment you own there is a re-programming fee of $ 25.00 with
• Merchant Club Help Desk. Other wise the merchant may lease or purchase the terminal and / or printer.

Lease: Terminal (one time setup fee $ 17.95) $ 17.95 / monthly
Terminal/Printer (one time setup fee $ 32.95) $ 32.95 / monthly

Purchase: One time setup fee ( terminal / printer each ) $ 17.95
Terminal or Printer $ 295.00 / each
Terminal and Printer $ 590.00
Merchant Club (Help Desk and supplies ) $ 10.00 / monthly

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