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Wireless Merchant Account Services
Wireless Merchant Accounts run on Point-of-Sale units like the one shown on the side here. They connect to the Cellular networks to have the ability to accept transactions just about anywhere in Canada.The solution allows a merchant to be mobile to process a transaction while still qualifying for ‘card present’ transactions which makes their rates drop down to traditional retail Point-of-Sale rates. This solution gives instantaneous approval on all transactions and allows the merchant to offer debit/interac too. Wireless Merchant Account RatesThis type of solution is typically costs about $60-$100/month between the Hardware/Equipment’ and ‘Data Cellular Air Time’ services and I usually tell most businesses to budget between $80-$100/month for this type of service.Credit Card Rates can vary from company to company, however most Canadian wireless rates are almost exactly the same as traditional retail credit card rates: 1.59% - 2.50% (plus 8 – 20 cents per transaction) - any higher then that and you will want to get a rate review. What determines your rate is: 1. Average Ticket Price per customer 2. Monthly Sales Volume purchased on credit cards The lower your average ticket price and the higher the monthly business volume the lower the rate you will qualify for. Wireless Merchant Account Chart Example:
If your rates are a lot higher then this example chart then I would look into getting a FREE RATE ANAYSIS FOR YOUR WIRELESS MERCHANT ACCOUNT– CLICK HERE WARNING! Rates are not the be all and end all when choosing a payment processing provider. If you are shopping for a Merchant Account then you must read:
Merchant Account Services | Merchant Cash Advance | Gift & Loyalty Card Services| Testimonials| Special Offers  Call Today For Your Free Help & Advice With Canadian Merchant Accounts! 1 800 262 3033 |
