Stay a way. Ryan the owner or one of the owners. Told me he could save me $55 on my credit card processing when I ask him how he said I would pay cost, only if I leased the equipment for $49 for 48 mos thats $2,832.00 for equipment that I could buy for $200 or less.
He told me I would only pay around $80.00 and thats with the equipment. So over all he can (so he said) bring my fee down $104.00. That means I would only be paying $28.00 mo for processing the $49 lease. Sounds good right?
Well I pay out about $132.00 mo for $6,500 of cc processing. I have interchange. 05 & $. 05 pre trans, $2.00 statement fee. With all my fees, I pay over all 2.03%
I know Visa & Mastercard have set rates and if the processor goes below the set rates they lose money. So how can he save me that much? He can"t its a scam.
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