I love the word free, and I’m sure you do too. Intuit’s offer businesses a free credit card reader, if they sign up before mid-February – consider it a Valentine’s day gift.
Intuit’s press release reads: “By offering a free card reader and no monthly service fees, we want to give more small businesses a head start in the New Year by enabling them to take mobile payments without any upfront investment,” said Chris Hylen, general manager of Intuit’s Payment Solutions division. “And this is just the beginning. We’ll introduce new ways all year long to help more small businesses get paid quickly and inexpensively using their favorite mobile devices.”
If you don’t process a high volume of credit cards you don’t even have to pay the $13 a month service fee.
For lower or intermittent credit card processing volume: No monthly service fee for businesses that sign up before mid-February; Discount rates: 2.7 percent for card swiped; 3.7 percent for both key entered and non-qualified transactions; $0.15 per transaction.
For higher credit card processing volume: $12.95 monthly service fee; Discount rates: 1.7 percent for card swiped; 2.7 percent for key entered; and 3.7 percent for non-qualified transactions, such as corporate cards; $0.30 per transaction.
You really have NO excuse to not process credit cards at anytime.
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