I need a credit card machine and web page set up and need to know what questions i need to ask for t

i have gotten a pile of offers and every one of the sales people tell me the other guy is full of it and he is the good guy

help!

I need a credit card machine and web page set up and need to know what questions i need to ask for the best deschool loans

Are you going to only process credit cards online or also have a retail location? Leasing a credit card machine would involve a monthly fee plus the usual 2-3% transaction fees for processing your credit cards. The company you deal with will want to know how many transactions you are expecting to do on a daily or weekly basis and how large the average ticket wil be. Obviously a business with high volume is able to negotiate a lower rate.

I need a credit card machine and web page set up and need to know what questions i need to ask for the best de loan

Credit card machines can be very expensive. The best way to get a good deal is to purchase the machine outright, instead of renting/leasing it. While the one-time cost for a machine might be a lot, you will save in the long run because leasing is a really big rip off. Also avoid going through the bank - often people will get the machines from a bank. The bank is a middle man, so it will charge fees on top of what the actual machine seller/dealer is charging.

There are usually 2 components to what fees are charged. (1) Transaction charge. - a lot of companies will charge a flat fee for each time you swipe a credit card. Depending on the volume of business you do on credit cards this can be negotiated. (2) Percentage - Companies usually charge a percentage of the total sales on each swipe. For AMEX, it%26#039;s about 2%. That%26#039;s a lot of money. You need to figure out how many swipes you expect and how much each swipe will average out to be, to figure out which rates are best.

Also, rates are much lower for manual transactions - i.e. it is cheaper if you have the physical credit card in your hand and actually swipe it, versus taking a number over the phone and keying it into the touch pad.|||sign up for a merchant account. In addition to the very good advice in the preceding answer about NOT leasing a machine or software (buy they outright instead), you need to compare the %26quot;discount%26quot; rate (the percent of each transaction you pay, the per-transaction fees, and more. Also ask (and be sure you read all the small print in the contract) about any cancellation fees if you decide to change processors or stop processing cards in less than 2 or 3 years.

There%26#039;s some good information on evaluating merchant account processors on this page:

http://www.businessknowhow.com/money/mer...|||look for this types of inquiry you just log on to particular sites of bank those are providing the services for credit card and over that you just find it on google................

http://www.searchenginerankings.com.au|||Finding a credit card processing company can be overwhelming due to different pricing structures and every one claiming to have the lowest rate.

The truth is your rate should be determined by your average size ticket and industry. If you have an average tiocket (sale) under $15 you can get a very low transaction fee about $0.15. Your percentage rate will be a little higher about 1.85% for debit and credit cards. That is the best program for you due to the transaction fee having a greater affect on low ticket transactions.

If your average ticket is above $15, you will pay a transaction fee between $0.20 -0.25 and a percentage rate of about 1.80% for credit and 1.40% for check cards.

The next thing you want to look out for is what you pay for key entered transactions and corporate cards. This is very important. Some place will charge a very low percentage for swiped personal check and credit cards, but charge over 4% for rewards and hand keyed cards. BE CAREFUL.

Now you need to know the difference between a pin based debit and a check card. A check card is charged different (see check card rates above) due to how it is processed. If a customer swipes a debit card and signs for it instead of entering their pin #, you will be charged a % and trans. fee. If they enter their pin #, you can get a flat rate of around $0.65 trans fee and no %. It is important to know your business, and decide wether or not your average ticket is high enough for a pin based transaction to be worth it or not. Usually a $40 or higher transaction amount is when you want to use that pin pad.

Now that you are an expert on pricing, LOL, we need to discuss equipment. In a resturaunt environment, having a tip option Im sure is very important. Be sure to get equipment that has a great tip feature, usually Omni 3750 or Hypercom T7 Plus or better.

Contrancts: Most every credit card processor has a 3 year contract agreement. Very common practice.

You can find out more about rates and other programs here:

http://www.omnitranz.com/freerates...

I hope this helps! Good Luck