FREE TERMINAL PROGRAM TRADITIONAL PROCESSING
- Free Terminal: PAX S80 (IP/DIAL | EMV/NFC)
-
Pin Pad:
Pax SP20- EMV (Slide the Card) (Purchase: $100.00 or Monthly Pin pad Fee: $5.00)
Pax SP30- EMV/NFC (Swipe & Slide the Card) ($199.00 – We pay half) – You will be paying initially then we will send you $100 refund. - Markup Rates Credit/Debit: As low as 0.03% and 3 cents per swipe- Fees set by your payment processor. Are negotiable – We have negotiated the LOWEST RATES for YOU! That is why we are not afraid to show you the full pricing which you won’t see with other payment providers.
- Markup Rates Pin Debit: 0.02% and 6 cents per swipe occurs when a customer enters (PIN) to make a purchase. Processing debit cards using a PIN causes transactions to be routed through debit networks instead of credit networks.
- Markup Rates EBT: 6 cents per swipe
- Monthly Fee: $25.00 Overall Monthly Fee Your Monthly Fees starts as soon as you get Approved. You still pay monthly fees doesn’t matter you process or not. Everyone pays monthly fees. Our goal is to minimize the monthly fees at the same time we also want to make sure processing company makes little profit since they also have customer support cost.
- Annual Fee: $100.00 Charge on 2nd month from approved date and then it will charge on the same month next year.
- Auto Batch Out- We can set up your equipment to batch out automatically at the same time each day.
- No Contracts or Commitments
- No Early Termination Fee
- $0.00 Equipment Ground Shipping Cost (It takes 3-5 business days for terminal to arrive after your application get approve.)
- Funding Time After 48 hours funding time (Ex: Monday batch out: Funds receive on Wednesday.)
- Batch out Funding Time- If you batch out multiple times in a single day base on the batch out timeline, you might receive 2 different funding so please calculate by reviewing online reporting dashboard. Whatever you batch out you will receive those funds so no need to panic and think processing company is stealing your money, you just need to calculate if you need our help, we can also help you understand how to review online reporting.
- Non-PCI: A fee will incur after 60 days if Non-PCI Compliant. To avoid these fees, you need to become a PCI Compliant – we will be helping you with the process which will take less than 10 minutes only. This is for security purposes.
- No Free Terminal Roll: Your processing company might be giving you free terminal paper roll by charging you heavy markup fees or monthly junk fees. Here we have given you the lowest rates you could ever get. So please don’t ask for free terminal paper rolls. Please be educated and select your saving wisely.
- Terminal Connection: Free Terminals can connect with Internet or Phone Line or Wifi.
- Pin Pad Terminal: If you are processing pin debit transaction or accepting EBT cards then you should use pin pad terminal so your client can easily enter pin number. Pin Pad Terminal is not free, but we suggest you should purchase one if you are a Liquor Store, Convenience Store, or a Restaurant.
- Gift Card & Loyalty: (Free Welcome Kit* Including envelopes, stickers, acrylic display, table tent and inserts - over a $50.00 value! No annual, statement, artwork setup, or program cancellation fees or any other hidden costs.)
- Equipment Setup- We Do not come to your location to Setup the equipment. Its already setup to process so, all you need to do is plugin and start using. But if you still need our help then reach out to us and we will connect you with the tech team to setup your terminal if needed.
- Equipment Setup Timeline- Merchant requiring to setup Terminal & Pin Pad Terminal from Application takes 7-10 business days (from Approved date to receiving terminal).
- Online Reporting- An online reporting access credentials will be provided once approved. You will be able to see your daily processing activity such as your transactions, batch outs, ACH deposits, chargebacks, and statements for each month.
- DO NOT PROCESS THIS WAY
- When doing a transaction using the terminal, do not press “Auth” in the terminal to avoid a temporary hold on a customer’s credit card. If for some reason a transaction happened, and you noticed it did not appear in your online reporting dashboard. Please contact us immediately for assistance. This usually happens when the transaction was run as Pre Auth, it means you temporarily hold a customer’s card to reserve funds for future payment transaction but when time comes to finalize a payment you forgot to force the transaction through.
- Offline Processing
If terminal is not connected to the internet or any type of connection, the Terminal will allow to process Credit Card Payments, however, the transaction will be unrecognizable and will not show in the report as a result no fund will be given for this transaction.
- Customer Service Details
Find sticker on the terminal/POS to see following details.
- Merchant ID#
- Terminal ID#
- Customer service number 24/7 Pricing Details and Queries: Mon-Sat 9:00AM-5:00PM CST Note: Any technical related help please call main processing company customer service number where you can get help 24/7. If you call us regarding technical support we might not be able to help you, if you don’t get any help then call us and we will make sure to get you help from processing company. Since we are not available 24/7, please call processing company only regarding terminal related issues. We will 100% help you in setting up your terminal first time by calling processing company together if you need our help.
- Statement Pricing Audit from SwipeCard247 Team