CONTACTLESS terminals are now available.
The newest terminal technology is now availble to our customers. These terminals accept a chip card by simply touching the terminal screen. If the dollar value of the transactions is less than $40, the card does NOT need to be inserted into the chip reader.
By eliminating the need to insert the card, transactions are completed faster allowing greater customer throughput during those high volume periods.
The IWL 255 is a long range wireless terminal that operates on the much faster 3G network. Merchants are no longer limited to the Rogers Network. Alternatively, merchants can select to use Bell's or Telus's digital network.
The following contactless services are supported by these terminals:
Merchant Credit Card Discount Rates have changed; no longer can a rate of 1.65% be considered a low cost rate. Visa & Mastercard have re-structured the card industry with the introduction of specialty cards, such as Visa Infinite, Corporate, Aeroplan and other Points cards. Mastercard, more so than Visa, supports specialty cards, High Spend and World Cards. These cards cost the Banks that issue them more than a plain Visa or Mastercard. To support the extra cost, both organizations have added a "Downgrade" or "Surcharge" to transactions when these cards are used. In short, the merchant pays more to accept these cards.
Merchants will need to know what the extra cost of each card is before knowing if their pricing is good or not.
Call us today for a FREE, no-obligation analysis of your current rates. Let us help you save money.
IS THAT GREAT DEAL . . . REALLY A DEAL?Many merchants discover too late that the "great" deal is not as great as they thought. After signing a 3-5 year contract, it is too late. Merchants should understand that every company offering Merchant Services must make a adequate return on every merchant in their portfolio. Often "great" deals are great only for the company not the merchant.
Merchant must ask questions and most importantly GET IT IN WRITING. Promises by sales persons are worthless.
RESELLER OPPORTUNITY - OWN YOUR BUSINESS
Unique Business Opportunity for individuals who want to own their own business.
.... a rewarding personal and financial opportunity....