Credit Card Processing Basics: You Get What You Pay For – Avoid “Free” Credit Card Processing Terminals

I get asked if we offer a free credit card processing terminal program all the time so I’d like to expose the “real deal” behind these programs should you be considering one. The old adage “You can’t get something for nothing” was never more applicable than with so- called “free terminal” programs. In this instance, “free” actually means no upfront costs as credit card processing basics shows. What many processors often do is provide you with a terminal at no upfront cost but then charge other fees instead, such as an annual fee, a monthly minimum fee or a termination fee. [Read more...]