Credit Card Terminal That Is Chip Card Capable Offered By Credit-card-processing.com
LOS ANGELES, CA - 8/24/2015 (PRESS RELEASE JET) -- Merchant Services provides a credit card terminal that is EMV/ Chip card capable. The credit card processing can be done by entering the card in front of the terminal.
After Merchant Resources called the 1-800 listed on each of these merchant services, a variety of differences and costs of each of these credit card merchant services were discovered. The compilation is below:
Square Reader
- Base Retail Visa/MC rate of 2.75%
- Key Entered Rate of 3.5%
- The square reader is a good solution for merchants that are seasonal, since “SquareUp” does not have any monthly fees. However, for any merchant who is consistently over $100 in Visa/MasterCard volume per month, there are better options.
Wells Fargo
- Base Retail Visa/MC rate @ 2.2% and 25 cents
- Mid qualified rate @ 3.1% and 25 cents
- The salesperson did not disclose the non-qualified rate
- Lease of terminal for $35 for 48 months or purchase terminal for $699 (FD130 terminal)
- $75 yearly fee
- $95 Setup fee
Costco
- Base Retail Visa/MC rate of 1.38% and 19 cents
- Reward Cards Visa/MC rate of 1.99% and 19 cents
- Business Cards Visa/MC rate of 2.65% and 29 cents
- Foreign and Government Cards Visa/MC 3.55% and 29 cents
- Lease of terminal for $30 a month for 2 years or purchase terminal for $489
- Need to be an executive Costco member, so you need to pay $110 a year
Chase Paymentech
- Base Retail Visa/MC rate of 1.99% and 25 cents
- Mid qualified rate of 2.68% and 25 cents
- Non qualified rate of 3.76% and 25 cents
- $100 fee to get setup
- $25 monthly minimum
- Monthly fee of $9.95
- Free terminal with a 2 year contract
Merchant Resources offers the following:
- 1.25% for debit/credit card with no pin
- 1.65% for base Visa and MasterCard, Discover
- No Monthly Fees
- FREE Terminal, Swiper for your cellular phone, or POS for restaurant
Merchant Resources offers custom quotes to fit your particular business.
To receive a free no-obligation merchant account quote, visit http://www.credit-card-processing.com or call 1-888-895-3129
Media Contact
Company Name: credit-card-processing.com
Name: Jim Johnston
Phone: (888) 895-3129
Email: merchantconsult@gmail.com
Website: http://www.credit-card-processing.com