Be aware of the unethical practice of a company called Entrust Bankcard
Here is my experience with the company:
A phone call was received sometime in Oct. Of 2010. I was informed that my company was qualified to have wholesale merchant rate. The rate would be at least 30% bellow my current rate. With some doubt, I made an appointment to see the companys representative. A few days later the sales woman came to my office. Her name is Kena Signorelli. She took my merchant statement, pulled out her laptop, and within a few minutes, she concluded that she could save my company at least $300 per month after the $100 per month lease payment for a new terminal is paid. Every month there would be some merchant service reps knock on my door offering me their services. No one had every claimed that they can beat my rates. I asked Kena Signorelli how she could do it. She explained that Entrust Bankcard uses enhanced interchange program that will deal with Visa and Master card directly instead of going through any bank.
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