For faculty and staff



Examples of costs associated with accepting credit cards

Monthly Credit Card Charges

Credit Card Fees

      QB MU Credit Card Machine
      Per Transaction Rate Per Transaction Fee Per Transaction Rate Per Transaction Fee
Description Date Amount 2.20% $0.25 2.50% N/A
4H Camp registration 3/1/2010 $100 $2.20 $0.25 $2.50 $0
4H Camp registration refund 3/10/2010 -$100 -$2.20 $0.25 -$2.50 $0
Stay Strong, Stay Healthy program 3/16/2010

$75

$1.65

$0.25

$1.88

$0

Soil Test 3/16/2010 $30 $0.66 $0.25 $0.75 $0
Master Naturalist training 3/25/2010 $100 $2.20 $0.25 $2.50 $0
             
Total CC charges for the month   $205 $4.51 $1.25 $5.13 $0

 

QB - Rev/Exp Summary

 

Total Charges $205
Total Transaction Fees $20
Net Revenue for the Month $185

*Counties receive revenue within 24-48 hours of the charges; fees assessed monthly.

***Example did not reach $20 minimum in fees; therefore $20 assessed and not $5.76.

MU Application -Rev/Exp Summary

Total Charges $205
Total Transaction Fees $5.13
Net Revenue for the Month $199.87

*Counties will receive net revenue after the first of the following month either by check from the University or by direct deposit (preferred).