YOU GET MY RATE! 0.00% + $0.20*
WHAT YOU GET:
· 0.00% + $0.20 (ZERO-PERCENT DISCOUNT RATE + TWENTY-CENT TRANSACTION FEE)
· COMPLIMENTARY PAX a920 WIRELESS 4G TERMINAL, w/ NFC (APPLE PAY)
· $0.10 BATCH FEE
· $1/MO STATEMENT FEE
· $9.95/MO TERMINAL SOFTWARE FEE
· $15/MO PCI COMPLIANCE
· $25 MONTHLY MINIMUM
· 24/7 TECH SUPPORT (EQUIPMENT, GATEWAYS, ETC.)
· CUSTOMER SUPPORT M-F 5AM PAC TO 5PM PAC
· $49.95 NEW ACCOUNT SET-UP FEE (ONLY CHARGE)
· TERMINALS SHIP FREE ON 2ND AIR
AVERAGE SAVINGS TO DATE = 27.92%
BY PLACING THE PROFIT MARGIN ON THE “FEE” RATHER THAN THE “RATE” YOU ARE CHARGED A KNOWN FIXED COST ON EACH CARD TRANSACTION RATHER THAN THE VARIABLE TAX-LIKE AMPLIFICATION OF COST YOU GET WITH A RATE.
AVERAGE EFFECTIVE RATE = 1.74%*
*(A 1.74% EFFECTIVE RATE MEANS IT COSTS $174 TO PROCESS $10,000 IN CARD SALES)
EXAMPLE: $67,078.00/MO CARD VOLUME HAS PROCESSING FEES = $1,167!
A QUICK REVIEW OF PRICING & FEES
THREE COMPANIES GET PAID ON EVERY CARD TRANSACTION
1. INTERCHANGE: PAID TO THE BANK OR ISSUING BANK THAT PROVIDED THE CARD & CREDIT TO THE CUSTOMER
2. DUES & ASSESSMENTS: PAID TO THE CARD ASSOCIATION (V, MC, D & AMEX) WHO PROMOTES & ADVERTISES THE BENEFITS OF PAYMENT CARDS (INCREASE PURCHASING POWER OF CONSUMERS)
3. DISCOUNT RATE: PAID TO THE PROCESSOR WHO SETTLES ALL ACCOUNTS AND EMPLOYS AGENTS TO SELL & SUPPORT NEW AND EXISTING ACCOUNTS.
ALL THREE COMPUTE FEES USING THIS FORMULA:
FEES PER TRANSACTION = (DISCOUNT RATE X TRANSACTION AMOUNT) + TRANSACTION FEE
YOU GET PAID BEFORE I DO!
I STARTED IN THIS INDUSTRY IN OCTOBER 2008 AND I HAVE ALWAYS BEEN COMPENSATED WITH A NEW ACCOUNT BONUS OF $400 - $600 ON ALL NEW ACCOUNTS PLUS 50% OF THE MONTHLY RESIDUAL PROFITS FOR THE LIFE OF THE ACCOUNT. (AND THE BONUS DOES NOT PAY UNTIL YOU SUCCESSFULLY BATCH & DEPOSIT $300.
HOW CAN I OFFER A ZERO PERCENT RATE?
WHEN YOU CONSIDER THE PROCESSOR DOES ALMOST EVERYTHING; THEY REVIEW & UNDERWRITE THE APPLICATION & ACCOUNT SET-UP, AND THE PROCESSOR PROGRAMS, SHIPS, AND SUPPORTS THE EQUIPMENT AND MERCHANTS THROUGHOUT THE LIFE OF THE ACCOUNT. I LITERALLY JUST HAVE TO SUBMIT SIGNED APPLICATIONS. SO WHEN COVID HIT I WANTED TO MAKE WHAT HAS BEEN AN ANNOYING PROCESS AS EASY AS POSSIBLE FOR BUSINESS OWNERS. AND WHAT BETTER WAY THAN MATHEMATICALLY GUARANTEED SAVINGS?