Free
Credit Card Machines
So, you are a fledgling company, perhaps an
Art & Crafts vendor who plans on attending festivals and
shows. As a startup, money is tight, and to be successful,
you know you have to watch your overhead. Then you see an
advertisement for a “Free Credit Card Machine”
and you think that’s the bargain you are looking for.
Yes, there are ways Merchant Service companies can get you
what you want, the question is… “Are they going
to be upfront regarding the true cost of this free machine?”
As
few things in life are really free, this holds true for a
wireless credit card machine worth six hundred dollars. In
general, there is simply not enough monthly residual income
generated to justify a merchant service provider to take such
a loss. The only way to make up for this ‘free’
give-away is for the merchant provider to adjust the rate
or monthly fee structure. Obviously, not to your advantage.
More often that not, this means adding numerous hidden charges
and fees.
While the processing company may use any of
the tactics we’ll explain in the other sections, the
most common strategy is to adjust the processing rate schedule,
or "creative processing."
The deception here is that, on the surface, the rate schedules
look incredibly competitive. In reality, that very rate structure
and associated terms many may argue is a predatory processing
practice. Legal, yes… Honest, no. We would recommend
paying extra attention to “Hidden
Fees” & “Creative
Processing” sections in this guide.
Now, there are Merchant Service companies who
most certainly have solutions for startup businesses. We offer
“Free Machines,” and low cost start-up solutions
as well, but we’ll never misrepresent any product or
service we offer. Chances are, we’ll have a better solution
for you than what the other companies consider “Free.”
For more information about 1st National Processing,
Mobile Solutions, Merchant Accounts, Credit Card Machines, Supplies,
and Gift Card Programs, please visit our website at http://www.1nbcard.com,
or give us call toll free to talk to an account
specialist: 877.964.1622
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