how to put a debit card or credit card system in my store?

Question

I want to be able to accept credit cards and dedit cards at my store. at this time I only accept cash.I want to know the best way to put this system into my store.

Answer 1

There a million and one guys who will want to sign up with a merchant's account. Finding them is not the problem. Trying not to get ripped off is.

Find out exactly how much the equipment is going to cost you. The salesman will tell you that it is free, but don't believe it. There is nothing that is free.

When they start quoting rates, be aware that the only rates that they will quote is the "qualified" rates. What is a qualified rate? That is the rate on a standard credit card. If someone presents a card that earns airline miles as an example, that is a non-qualified card and you pay high rates. You don't have any choice, mind you, because you sign agreement with Visa and MasterCard that requires you to accept all cards presented.

Another area to be wary is on transaction fees. Many processors charge a per transaction fee. Try to get the lowest available.

Remember there are only a few Primary Processors on the planet. All the rest are resellers, and resellers charge a markup.

Don't accept the first offer that comes along, and ask a lot of questions.

Good Luck

Answer 2

your bank should be able to do that, or search the internet there is alot of places that have credit card machines

Answer 3

talk with your POS seller