15thStreetPizzaandPu
Member
I searched in the archives and didn’t see any recent posts, like in years, so I am asking once again. What is everyone paying and is this a good offer I have been presented…currently on a 4 tier cost structure. I get this is not ideal. So I was approaced by my POS, TouchBistro, to quote the processing. They looked at and offered cost plus pricing. I get the difference in the pricing strategies and understand the difference and how each works. What I don’t know is what’s and actual good cost plus rate offer???
I have been offered 0.45% + 10 cents/transaction and $19.95/month service fee
I see a lot of posts on the past where they are getting 5 cents a transaction so it seems high but they were from 2017. Is 10 cents standard now? No one seems to talk about the cost plus percentage…is .45% a good rate? They have offered to provide 5 credit card readers the can do chip and tap for free with a 1 year commitment.
Would you all take it?
I have been offered 0.45% + 10 cents/transaction and $19.95/month service fee
I see a lot of posts on the past where they are getting 5 cents a transaction so it seems high but they were from 2017. Is 10 cents standard now? No one seems to talk about the cost plus percentage…is .45% a good rate? They have offered to provide 5 credit card readers the can do chip and tap for free with a 1 year commitment.
Would you all take it?
