[Yankeeman07]

Also to be 100% transparent and to calculate a true cost of the money, we need to add in the Gateway fees..
The February Gateway Statement.
Monthly Fee $5.00.
244 Transaction @ $0.05 per transaction = $12.20.
Total Fee for gateway = $17.70.

Now lets recalculate the effective rate.
Sales Total = 35532.66
All fees ($17.70 gateway + $541.29 processing) = $558.99
Effective Rate = 1.573%

Is that right?

Whomever your agent is, they are treating you just fine. 1.573 on Card Not Present, you are in good hands.