Showing posts with label mobile credit card terminal. Show all posts
Showing posts with label mobile credit card terminal. Show all posts

Monday, November 14, 2011

Want to Accept Credit Cards for your fundraiser or short term event? Now you can!

There are very few fundraising programs that would not benefit by accepting credit cards.  The problem has always been that merchant account providers, those who setup fundraisers or those needing to accept credit cards for a short term project such as trade-shows, flea markets, garage sales, etc, require multi-year agreements, such as 2 or 3 yrs.  This requirement has left most fundraisers scrambling for other methods of collecting funds...until now!

PayByWeb now offers a short-term/one-time event merchant account program.  The service includes use of a wireless credit card terminal with printer and provides for acceptance of Visa/MasterCard, Discover, and even American Express.  Best part, there is NO long term contract.  You can use the terminal for a day, week, month, or as long as you like.  The fees are a bit more than merchant accounts with long term agreements, but just barely.  Funds are paid out to the merchant in 3 business days, directly to their checking account.  This service is perfect for any short-term event that requires credit card acceptance. 

Complete the easy online application found HERE, Pay a small rental fee and deposit (refundable once the terminal/printer are returned)

Merchant Account -
A merchant account is an account with a bank that is used to process credit card transactions.  It is a virtual account that is not accessible by a merchant.  Rather, the funds accumulated from credit card transactions are deposit directly to the merchant's bank account, typically within a few days.

Visit PayByWeb's FAQ for answers to many questions about accepting credit cards.

Thursday, June 16, 2011

Wireless Terminals for FREE

Accepting Credit Cards On The Go is Finally Affordable

Mobile and other portable credit card terminals have been around for many years.  But, have they been affordable?  To many, not really.  Expensive hardware, leases, long term contracts, and high fees have priced credit card acceptance away from the front desk, out of the ball park.  However, much of that has changed. 

Today, more and more merchants need to be able to accept credit cards while on the road or at off-site locations.  There are many wireless/mobile credit card terminals on the market.  You can expect to pay anywhere from $199 - $1000 for a wireless credit card terminal.   Some terminals have integrated printers while some have printers optional.  Monthly wireless service fees vary but are generally around $20 per month.   Many credit card processors are now offering shorter term contracts.  Some have no contracts at all.

One of the most popular, and fastest growing segment in this industry, is the short-term or single event usage account.  This merchant account offers great flexibility for fundraisers.  For example, a school PTA or other group is holding a one night fundraiser and wants to accept credit cards.  Now they can.  Many charitable groups holding silent auctions or other fundraisers can sign up, rent the terminal, process their transactions, and return the terminal once their event is over.  These types of services are finally being offered to a large group of merchants who until very recently, were stuck accepting cash and personal checks.  Statistics have proven that buyers are apt to spend more money on a credit card than by check and who carries cash anymore? 

PayByWeb makes the process simple by providing a FREE wireless credit card terminal to all new merchants applying for a wireless/mobile merchant account.  Rates are 1.74% plus .25 per transaction.  Merchants with short term events needing credit card acceptance can rent the terminals at a very low cost. As the demand for mobile and wireless technology increases, merchant account providers must keep up and offer the solutions to supply that demand, while keeping those merchants happy.