What Benefits Me by Paying a Credit Card Swipe Fee?
An explanation of what merchants pay to accept credit cards, why it’s paid, and the benefits provided to merchants and consumers.
We all count on our point of sale machines for income. Whether it is an All-In-One Machine, Smartphone, Cash Register, or Terminal. If your internet goes down, phone line goes down, or your machine stops working, what is your backup? Do you have an Imprint Printer? If your business does not have one, Frontline Processing can supply you one for $20. This handy device can prevent you from losing credit card sales while your normal point of sale machine is down.
Here’s How It Works
By utilizing a non-traditional payment channel with these business models, you are eligible to charge a convenience fee to your customers. We offer you a very low cost and simple solution that provides an additional way for you to get paid.
What It Costs
Our simple and affordable program will pass a small convenience fee on to your customers. The only costs to you for this program are:
Ask us about E-Check options as well!
For more information or to get started:
Call Frontline Processing at 866.651.3068
Years ago, phones were simple. You had one company–AT&T–for local and long distance calls. There were no choices to make, or risks to weigh. You dialed and you paid, just like everyone else.
Today we have VoIP (voice over IP) phone services that let you replace your traditional landline phone with one that connects over the Internet. Although these phone services are cheap, and can save you money, they can cause all kinds of trouble with your credit card terminal. When a customer is ready to make a payment, you can’t afford a problem with your phone line. VoIP phone lines work well for voice, but often will not work at all for credit card terminals or will be unreliable.
Another area of concern is the data security with using adapters, so PLEASE, before you make any changes contact us -Frontline Processing- your experts and we’ll assist you in your options so you’re protected and have minimal interruptions. 866.651.3068
The credit card was released in Singapore this week, with MasterCard touting it as the words “first interactive payment card” that “heralds the next generation” of credit cards.
Formerly known as the MasterCard Display Card, the card offers the look and feel of a traditional credit or debt card, but has a twist: an embedded LCD display and touch-display buttons that allow consumers to enter a password.
The card replaces the ubiquitous magnetic stripe with a microchip that contains the card owner’s account information. The LCD display and keypad enable users, for now, to enter a one-time password that MasterCard says makes the card much more secure against theft or fraud.
But MasterCard says the keypad feature can grow to includes such things as the ability to check account balances, card reward point totals and data on recent transactions.
The company says the card represents the next generation of credit cards, especially in an era credit card thieves are getting more brazen and creative.
“With the continued growth in online and now mobile initiated remote payments, consumers are naturally demanding increased security,” says Matthew Driver, president of MasterCard Worldwide in Southeast Asia. “The innovative features of the Display Card serve to address this need, whilst empowering consumers to do so much more with their payment cards.”
For now, the card is only available in Southeast Asia. But don’t be surprised if the “keypad” credit card makes its way west to Europe and the U.S., and to a bank near you.
How would you like one free month of credit card processing?
Refer Frontline Processing to a friend with equal or greater sales volume and if they open an account, we will pick up all processing fees on your next bill! We’ll meet or beat their current processor rates.
Call 406-585-7443 or visit us at www.frontlineprocessing.com/refprogram.html for details.
Frontline Processing makes wireless transaction processing available at swiped rates through common smartphones, cellphones and PDAs.
The ePNMobile Credit Card, Check and Gift Card / Loyalty Transaction Processing Application can prompt for invoice number, gratuity, other charges, process the transaction in real-time, and show the transaction authorization number right on the phone display. An optional Bluetooth portable printer is available.
Square was the first to offer credit card readers for smart phones. It was created by Twitter co-founder Jack Dorsey who obviously has a lot of background in Internet social networking, but unfortunately, not in payment processing. Since then, many seasoned payment processing companies have introduced their own mobile solutions. Frontline has chosen one that offers the most flexibility and security. In fact, our smart phone application is so versatile, if you like, you can print paper receipts from a Bluetooth mobile receipt printer. Square emails receipts to customers. Many customers are still reluctant to provide their email address and it is time consuming to enter that information into the phone. Our mobile solution is quick, easy and reliable.
Let’s face it, we are all in business to get paid. Except for cash, accepting credit cards can be the fastest way to get paid for goods and services. With Frontline, you have a dedicated merchant account. That means you will typically see your funds in 48 hours or less. All users of Square share one account, meaning you might be running a legit business, but will be punished if someone else does something illegal. Merchants can get their funds held, deposits delayed for “investigation”, and accounts shut down.
Square limits deposits to $1000 per month. If you go over that amount in sales, your funds will very likely be held until someone at Square reviews the charges. We’ve seen reports of months before merchants see their money if ever. This is where the value of a real merchant account is important.
Okay, so you have payroll to meet or an important bill to pay and your credit card funding is not in your account. You call your credit card company to find out where the money is. At Frontline, we offer 24/7 toll free, live support. Here you will get answers to your questions from a live person in 3 rings or less.
Square? It took us a while (try it yourself) but we found their customer support number (415) 375-3176. We called it, and after being directed to send an email for customer service, were greeted with silence for the rest of the call until we were hung up on. This sends up a red flag. What if I had a customer standing in front of me ready to pay me and I was stuck with dead air? What if my funds are not in my account? Waiting on a response via email is not acceptable for most businesses.
So we looked further. A quick Google search of ”Square customer complaints” results in a plethora of alarming results. Do a search yourself. From complaintwire.org to ripoffreport.com we were shocked at what merchants had to say.
8 Jul 2012
Country: United States
29 Jun 2012
Country: United States
SQUARE UP HATER
4 Mar 2012
Country: United States
Square has concluded an investigation into your usage and has labeled your account as high-risk. For security reasons, we have elected to de-activate your account.
We are exercising our discretion under paragraph 42 of the Square User Agreement to terminate your account. From the date of this letter forward, you will not be able to process transactions using Square.
Any funds currently in your account will be held for 180 days before being released.
If you do not want to wait 180 days to receive funds, you can still refund the payments back to the original cards (if you are unsure of how to refund a payment, please see:https://help.squareup.com/customer/portal/articles/163698
Our decision is final.
USA23464 replies to Titan
17 Aug 2012
I used square up once to handle a credit card charge of more than $5k. Two months later square up sent an email saying I had 15 days to dispute the chargeback. The very next day square up debited my account for the $5K amount. I sent emails to square up showing delivery of the products purchased from my company, and square up has yet to respond. The debit was not paid and my bank charged me $35. Four business days later they charged my account again. Same result and I was charged another $35. I closed the square up account, and closed that bank account. Two business days later square up charged my account again for that amount. I will have to pay the overdraft fee again.
Our advice, if you are running a garage sale or your buddy owes you money, Square might be a great way to take credit cards. If your business depends on revenue, a real merchant account is worth it.
Ask us about our line of mobile credit card apps and other mobile solutions.
With a non-profit event like the Ride for Respect, Frontline Processing would like to share its Fundraising Program to help support any non-profit of your choice.
How it works.
Businesses in your community that currently accept electronic payments through an out-of-state processor can switch to Frontline Processing; a fully Montana owned and operated payment processing company.
What it Costs
Nothing additional, Frontline Processing will match the rates charged by the current processor and donates a portion of our revenue every month for each business that wishes to participate in our fundraising program.
What This Means for You
If 100 businesses in your area sign up with Frontline Processing; on average we would donate $500.00 a month or $6,000 per year for as long as the businesses stay in the program.
Help us help support your non-profit of choice, visit Frontline Processing on our website or call the toll free number 1-866-651-3068 to get started today.
Near the end of August the Special Olympics Montana will be hosting Ride for Respect, a 2 day charity event to support and benefit children and adults with disabilities. Ride for Respect is a fully supported ride featuring the spectacular scenery of South Central Montana, Yellowstone Park, Beartooth and Chief Joseph Highways.
For non-riders there will be Over the Edge, another supported event.
The ride begins in Billings on Wednesday August 22, 2012 at 8am and will travel along I-90 west to Livingston, south on the US-89S to the north entrance to Yellowstone National Park at Gardiner. From there they will venture across the northeast portion of Yellowstone Park and over the Beartooth Highway to Red Lodge. Day one will conclude at the Rock Creek Resort. Day two will take the riders up through the Beartooth highway and over the Chief Joseph Scenic Highway. Late afternoon on August 23rd the ride will end at the Alive After 5 another Special Olympics event called Over the Edge, this will be open to riders and non-riders alike.
To participate in the R4R riders will “easily” raise a minimum of $1000. All event details and online registration are available at www.somt.org.
To learn more about Special Olympics Montana or to receive information about volunteer or sponsorship opportunities, please visit the website listed above or call Special Olympics Montana at 1-800-242-6876.