Can anyone rec a small merchant acct provider?
Hi, we need a small merchant account...something a step up from PayPal...for accepting credit cards from vacation rental guests. We have looked at many providers but have not found one which explicitly serves the VI.
Surely the is a provider or a work-around...any suggestions? Many thanks for any suggestions.
I'm sure you'll get some suggestions but do check out the small print and ask questions. The big drawbacks I found when thinking of getting away from the bank merchant system was that although the percentage rates looked lower on paper, the "add-on" fees made it less of a deal. The biggest drawback was that whereas money was deposited to my account in just one day or two going through the bank, the smaller providers took anywhere from minimum one week up to 2-3 weeks to transfer the money. That was a major deal breaker for me as I couldn't afford to be out that money for such a long time. Good luck!
We've been using PayPal (for years) but we would like the ability to swipe or enter cards on site for our concierge type services. PayPal offers a point of sale option called PayPal here, but I've been jumping through all their hoops and yet we seem no closer to gaining that service.
A year ago you needed a stateside address to use Square. I saw a few people at Christmas Spoken Here on Sunday using a phone swiper, so that may have changed. Intuit also has a similar product.
If you are looking for a standard reader ePaymentAmerica does a lot of the terminals here in St. Croix. Todd Gentilucci does the sales and service locally, but I don't have his number.
I am also in the process of getting the PayPal phone reader. It has taken a while.