<font color='black' size='2' face='Arial, Helvetica, sans-serif'> <div>You're right. I mistyped.  But it's still only per swipe. No monthly fee.</div> <div></div> <div style="clear: both;"> <div> </div> </div> <div></div> <div></div> <div style="color: black; font-family: arial,helvetica; font-size: 10pt;">-----Original Message-----<br> From: Duaine Hechler <dahechler@att.net><br> To: pianotech <pianotech@ptg.org><br> Sent: Wed, Jan 23, 2013 9:22 pm<br> Subject: Re: [pianotech] Credit Card Service providers - which one?<br> <br> <div style="margin: 0px; color: rgb(0, 0, 0); font-family: Tahoma, Verdana, Arial, Sans-Serif; font-size: 12px; background-color: rgb(255, 255, 255);" id="AOLMsgPart_0_beb0a04d-5e0f-44e9-9216-8449b49767fa"> <pre style="font-size: 9pt;"><tt>Wim, There website show 2.75% per swipe. Where do you come up with 1.7% ? Duaine On 01/24/2013 12:22 AM, <a href="mailto:tnrwim@aol.com">tnrwim@aol.com</a> wrote: > Jurgen > I highly recommend the square. <a href="https://squareup.com/" target="_blank">https://squareup.com/</a> , used on an Iphone. The devise is free, and is very easy to use. > You only pay for each transaction, not a monthly fee. The transaction is only about 1.7%. You know instantly if the > transaction has been approved, and you get the money in your bank account in 1 - 2 days, including weekends and holidays. > Wim > > -----Original Message----- > From: Jurgen Goering <<a href="mailto:pianoforte@pianofortesupply.com">pianoforte@pianofortesupply.com</a>> > To: pianotech <<a href="mailto:pianotech@ptg.org">pianotech@ptg.org</a>> > Sent: Wed, Jan 23, 2013 7:45 pm > Subject: [pianotech] Credit Card Service providers - which one? > > Like most other businesses which accept accept credit cards, I am hounded by calls from companies saying they can > provide credit card transaction services for less. This has prompted me to review my actual costs for credit card > transactions. Although the nominal fee ("base rate") of my service provider is 1.8%, by the time all is said and > done, the actual amount of cream that is skimmed off is actually much higher. > > After the base percentage is bumped up for "non-qualifed" transactions and other fees, I am at over 2.4 %. When I > factor in monthly account fees, service fees, access fees, transaction fees and a quarterly PCIC fee (what's that, > anyway?) of $34.95, my actual deductions are between 3.3% to over 5%, depending on the month. > > Of course the competition promises me sky high savings, but I suspect they have their own fees and charges that I will > only find out about once I have signed on, not to mention a cancellation fee if I am not happy with their fee structure. > > My questions are: > > What service are you using, and what is at actually costing you (total fees and charges divided by total sales per month)? > > I am currently with Moneris, considering switching to Federated Payments. Doing on-line research reveals a lot of > complaints about Federated, but Moneris also gets a few black eyes - it seems if you look for a negative review > online, you will find it. > > Who has navigated these murky waters and has found a good service as a good cost - or are they all playing the same > shell game with unintelligible fee structures? > > Please share your experiences. If you don't want to mention company names that is OK, you can also email me privately > if you wish. > > Jurgen Goering > Piano Forte Supply > <a href="mailto:info@pianofortesupply.com">info@pianofortesupply.com</a> <<a href="mailto:info@pianofortesupply.com?">mailto:info@pianofortesupply.com</a>> > > > > > -- Duaine Hechler Piano, Player Piano, Pump Organ - Tuning, Servicing & Rebuilding (314) 838-5587 / <a href="mailto:dahechler@att.net">dahechler@att.net</a> / <a href="http://www.hechlerpianoandorgan.com" target="_blank">www.hechlerpianoandorgan.com</a> Home & Business user of Linux - 13 years </tt></pre> </div>  </div> </font>