obviously impossible as those prices are below water so they downgrade every transaction to a much higher rate of well over 3% They even tell you so on your application. they have horrendous customer service as they of course aren’t the acquirer they go through the old Novus now Elavon and they get a kickback on the residuals. they also have a monthly minimum of $25 and a hefty annual fee over $100.

Below are just a few tidbits. Never ever refer a client of yours to Costco because you will wind up losing clients.

http://www.ripoffreport.com/Search/Company/Elavon-Merchant-Services.aspx

http://hubpages.com/hub/The-Truth-About-Costco-Merchant-Services

http://todesignx.wordpress.com/2010/01/29/has-elavon-electronic-business-exchange-system-credit-card-processing-processor-been-charging-you-excessive-unauthorized-unnotified-fees-also/

http://www.braintreepaymentsolutions.com/blog/rule-breakers-in-the-credit-card-processing-industry

http://www.complaintsboard.com/complaints/elavon-c196430.html