For the
most part, purchasing a credit card terminal represents
a rather small cost to your business. It is likely
to last up to five years or more, and when you
are ready to buy a new one, it is possible (if
you make use of merchant account provider terminals)
to turn it in for a small credit.
Be sure to check fees when purchasing
from a merchant account provider, though. Often
a very low cost for a terminal is forwarded as
a loss leader. You will spend more in fees on
your merchant account than you will ever spend
on terminal equipment, so it is very important
to make sure that you have a merchant account
that fits your needs. $75 savings does not make
up for an account that charges high fees or offers
poor service.
It is best to purchase your credit
card terminals outright. There are
leasing programs, but they can cost as much
as $1,000 for 48 months. Compare this to spending
much less (around $300 or $400 on a traditional
or $600 or $700 on a wireless) when you simply
purchase a credit card terminal. Plus, if you take proper
care of your terminal, it can last well beyond
the two years that a lease generally lasts.
Also, do not be afraid to spend
an extra $50 or $100 for a terminal that is “perfect”
for your needs. The little extra money will not
affect your business very much in the long run,
but inconvenient terminals and slow or inconvenient
service for your customers can have a more lasting
impact on your business.
Basic traditional terminals:
$150-$300
Separate receipt printers:
$100-$450
Traditional with built-in
printers: $200-$600
Wireless: $600-$1,000
PLEASE NOTE: Each
credit card terminal we sell at MerchantProducts.com
comes with a FREE merchant account...but only
if you need one. Apply
Now for a free merchant account.
If you choose to process with us. You will be
processing your credit cards and checks through
our service processor www.MerchantProcessors.com.
They are nationally recognized and have a reputation
for having the lowest rates with the best service
"after the sale". Thats why after searching
for the best processor, we chose them.
If you decide to buy from us and process through
Merchant Processorss. Your terminal(s) will come pre-programmed
and ready to go. Plus, each terminal will come
with a LIFE TIME SUPPLY of free receipt
paper so you dont have to worry about
it.
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Terminals w/Printers
