Post by traveler on Jul 27, 2010 17:36:50 GMT -5
OK. I signed up for this one. After my last gouge of fees were 90.00 for my store, I had ENOUGH!
Here's the skinny thus far!
First, you upgrade your membership to "business Plus" which does run you 100.00 a year but there are benifits to it that can save you the 100 year easily.
Then you call the number listed on the app.
Being you are a plus member, some of the fees are waved. The one I wanted was a wireless terminal which will take credit or debit cards. The fee is as low as 1.49% with .20 per transaction. If you acceot a debit card, it would run .30 cents. Am Ex would be 2.89% to accept. Then there is the fee that you pay for the rewards point cards that people use.
Now, if you rent the machine, the cost is $34.94 plus $12.00 for the wireless line to connect and get instant aproval or decline on the cards. If you buy the machine, it runs (as a plus member) $769.00 and you will only need to pay the 12.00 wireless fee.
I chose to buy the machine and be done with it. Within 21 months I'm in the clear.
SO there you go. I will let you know how well it goes. I have 90 days to return it if it is not as good as I believe it should be. I spoke with a couple vendors and that seems to be the "best rate" they have found.
Here's the skinny thus far!
First, you upgrade your membership to "business Plus" which does run you 100.00 a year but there are benifits to it that can save you the 100 year easily.
Then you call the number listed on the app.
Being you are a plus member, some of the fees are waved. The one I wanted was a wireless terminal which will take credit or debit cards. The fee is as low as 1.49% with .20 per transaction. If you acceot a debit card, it would run .30 cents. Am Ex would be 2.89% to accept. Then there is the fee that you pay for the rewards point cards that people use.
Now, if you rent the machine, the cost is $34.94 plus $12.00 for the wireless line to connect and get instant aproval or decline on the cards. If you buy the machine, it runs (as a plus member) $769.00 and you will only need to pay the 12.00 wireless fee.
I chose to buy the machine and be done with it. Within 21 months I'm in the clear.
SO there you go. I will let you know how well it goes. I have 90 days to return it if it is not as good as I believe it should be. I spoke with a couple vendors and that seems to be the "best rate" they have found.
