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Electronic Transfer Inc. Review

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PROS / Rates are competitive and setup can happen in a day.

CONS / Although excellent support via toll free telephone is available 24/7, live chat is not an option.

 VERDICT / Electronic Transfer Inc. empowers you to accept credit card transactions in a secure fashion from many sources.

Editor’s Note: This product has been removed from our side-by-side comparison because it is no longer available. You can still read our original review below, but Top Ten Reviews is no longer updating this product’s information.

Electronic Transfer Inc.

Electronic Transfer Inc. is an excellent credit card processing service with some of the best rates around. Electronic Transfer Inc. can set up your account in one day, giving you the option of starting your business right away. Electronic Transfer is a pro-Second Amendment credit card processing service among competitors who are increasingly denying service to weapons retailers.

Electronic Transfer Inc. has a 98% approval rating.

Electronic Transfer Inc. is moderately priced with a $10.00 monthly payment gateway fee, a $10.00 statement fee and a $20.00 monthly minimum. The discount rate for transactions where the card is not present is 2.20% with a $0.25 per-transaction fee. For card-present transactions, the discount rate is 1.69% with a $0.25 per-transaction fee. Occasional fees include a $25.00 charge back fee, $2.00 voice authorization fee and a $0.05 address verification fee.

Electronic Transfer Inc. has absolutely no startup costs.

The average Electronic Transfer approval and account set up is between one and two days. Most of the applications are approved in-house which helps speed up the approval process.

When we contacted Electronic Transfer Inc. we were instantly connected with a sales representative, not an answering machine. The representative answered all of our questions.

You can reach customer support 24/7.

Electronic Transfer Inc. offers a merchant account, a virtual terminal and a payment gateway through Authorize.net or through Eprocessing services.

Electronic Transfer Inc. offers many different types of point-of-sale devices.


Electronic Transfer Inc. is a pro-Second Amendment provider of credit card processing services. Its rates are competitive and a merchant account includes many free features such as: account setup, secure gateway setup, online virtual terminal, shopping cart, automatic email receipts, unlimited users, address verification system, fraud screening, high risk country address blocking, 24/7 support and online order forms.

Electronic Transfer Inc.