Costco Credit Card Processing
Learn about the Costco credit card processing service for merchants and other businesses. Includes info on pricing, key information, and FAQs.
Updated on November 29th, 2023
The SMB Guide is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Learn more
Costco credit card processing, also known as Costco Merchant Services, is handled by Elavon who provides tailored payment processing solutions at a member-only price to Costco customers.
Also Consider
Square
POS and Credit Card Processing
Sign Up FreeUsed by more than 2 million businesses.
Robust reporting.
Custom invoices.
Pricing:
Plan | Pricing |
|---|---|
Online | 1.90% + $0.25 /transaction. |
In-Person & On-the-Go | 1.10% + $0.12 /transaction. |
One Swiped Rate | 2.30% + $0.10 /transaction. |
Credit Card Surcharge Pricing | 1.0% + $0.25 /transaction. |
Costco does not readily reveal its full pricing on its website. Interested customers are encouraged to contact Costco for a quote.
Review:
Pros: Fantastic mobile processing capability and a great virtual terminal feature.
Cons: Comparatively high prices.
Reputation: Excellent payment processing platform to facilitate easy payments.
Key Information:
Legal Name | Elavon Inc. |
Founder | Edward Grzedzinski |
Founding Date | Jan 01, 1991 |
Address | 2 Concourse Pkwy., Ste. 800, Atlanta GA 30328 |
Number of Employees | 99 |
Number of Customers | 1900000 |
Telephone | |
Website |
FAQs:
What is the price range of Costco's credit card processing service?
Costco's pricing starts at 1.10% + $0.12 and goes up to 2.30% + $0.10 per transaction. Customers are required to pay a monthly minimum fee if their total transaction fees and per-item charges are less than $20.00 per month.
Are there any additional fees for Costco credit processing?
Coscto's complete credit card processing fees are not revealed on the website. Interested customers can contact Costco's sales department for pricing.
How do I get in touch with Costco customer service?
You can call Costco's 24/7 customer service at 1 (844) 204-5982 or visit its [website]https://learn.paymentstart.com/gettingstartedcostco_us) to read its knowledge base.
What are the advantages of Costco/Elavon Merchant Services?
Costco offers credit card processing solutions for a wide range of industries from retail to healthcare. Packages are optimized according to the industry and the size of your business or organization. Elavon's user-friendly customer portal provides customizable reporting and shows you daily information on sales and other important information
What credit card processing solutions does Costco offer?
Costco/Elavon offers in-store, online, and mobile payment solutions that are secure and convenient. Elavon has a wide selection of payment terminals to accept several forms of payment from your customers, including smart/chip cards (EMV), mobile wallets, legacy credit, and debit swipe cards. All payment solutions use encryption technology to protect your customers' data.
How do I apply for the Costco credit card processing service?
Visit the Costco payment processing website or call them at 1 (877) 369-0301 or 1(844) 204-5982.