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Accepting Credit Cards: 5 Things You Need to Know {AOL Small Business}
Aug 10th 2010 1:06PM Ken, perhaps I am obligated to return your "Nice Try" comment to you. This article addresses retail businesses. My post addresses traditional retail business. MLM and Direct Sales do not fall under this category. Unless you are in open bankruptcy or on the terminated merchant list, 99% or all retail accounts are approved regardless of credit. There are high risk merchants that are not addressed in my post or the article, which may encounter higher rates or reserve accounts.
The fact is, I have been giving away terminals for over 5 years and my merchants pay far less than those that buy or lease equipment. The needs of the merchant should come first. Honesty and integrity are vital. The majority of my new business comes from referrals, which speaks for itself. There are no cancellation fees if the merchant returns the equipment. Period. I have merchants that pay 1.13% up to 2.4% for the specialty cards. No mid or non-qual surcharges. So yes, there is such a thing as free.
Anyone looking for credit cards should call the number on the application and verify what the sales rep is telling you. I have seen people taken by acquaintances, including "friends from church." Additionally, research the company online. Look around to ensure you are getting the best deal for you and not the rep. If you don't believe me you can go to the Mastercard and VISA websites and see the interchange rates.
Ken, you sound like the last guy that tried to sell me a car....in your words....Nice Try!
Accepting Credit Cards: 5 Things You Need to Know {AOL Small Business}
Jul 8th 2010 12:23PM This article is a start, however far from realistic. If you are a brick and mortar retail business you should never buy or lease credit card terminals. These are available for free from numerous processors. Your rates should never be anywhere near 2.5 or 3% even if you have bad credit. I've been in this business for almost 10 years and love the reasons people use to justify high rates and to sell equipment. Oh, and don't be fooled by a special rate if you sign this 3 year contract. There are contracts available without early termination fees.
83-year-old lands plane on expressway {Gadling}
Jun 22nd 2009 5:09PM "You're checking the rear-view mirror and side-view mirrors, watching the distance between you and the cars in front of your car, smoothly navigating traffic..." This journalist has obviously never driven in south Florida.......