Can anyone rec a sm...
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Can anyone rec a small merchant acct provider?

Posts: 495
Reputable Member
Topic starter

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.

Posted : December 8, 2012 1:01 pm
Posts: 539
Honorable Member

We have a vacation guest house and we use Pay pal. We have used pay pal for 7 years now.
What do you mean by a step up from pay pal? Are you having issues with it?

Posted : December 8, 2012 1:28 pm
Posts: 6523
Illustrious Member

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!

Posted : December 8, 2012 1:33 pm
Posts: 495
Reputable Member
Topic starter

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.

Posted : December 8, 2012 1:52 pm
Posts: 32
Eminent Member

Yes there are several POS portable terminals available stay away from Paypal. paypal likes to hold on to your money sometimes just google POS terminals they usually charge a small percentage per swipe you usually pay for the machine and fill out a merchant or credit app

Posted : December 8, 2012 1:57 pm
Posts: 285
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Check out

Posted : December 8, 2012 4:49 pm
Posts: 1250
Noble Member

If you are an iPhone user, check out

Posted : December 8, 2012 8:14 pm
Posts: 2294
Noble Member

Totally agree with FDR!!! I used it for my freelance graphic design work, you're only charged when you use it, I think mine 2% no fees or junk. VERY convenient and I could use it on my iPad too when I needed.

Posted : December 8, 2012 8:38 pm
Posts: 17
Active Member

I don't think Square works with VI businesses or VI based banks. If someone knows different, please post or PM.

Posted : December 8, 2012 9:28 pm
Posts: 2294
Noble Member

oh yea.... Didn't think about that. Maybe give "square" a call?

Posted : December 8, 2012 10:29 pm
Posts: 220
Estimable Member

We also have a vaction rental on STX and we use Payment Proscessing Inc, Newark, Ca 866.603.8699
They charge 2.5% and will direct deposit into any bank you choose....stateside or in the Vi
We have never had a problem with these guys

Posted : December 8, 2012 11:25 pm
Posts: 220
Estimable Member

One more thing about Payment Processing is a online entry or you can get a reader if you want to swipe a card.
We are strickly internet rentals so the online entry works great for us

Posted : December 8, 2012 11:30 pm
Posts: 495
Reputable Member
Topic starter

Thanks for the great suggestions everyone. So far paypal will work as long as you have a stateside address that matches your credit report. We have a workaround for that, but I'll keep looking for something that works natively in the VI.

Posted : December 11, 2012 3:04 pm
Posts: 50
Trusted Member

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.


Posted : December 11, 2012 4:04 pm
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