I’m paying cost plus 6 cents. With over 90% of my credit card sales being keyed rather than swiped, it works out to about 2.9% of my credit card sales. Using your numbers with my ticket average, I would be at about 3.2%. Chances are you swipe a lot higher percentage than me so you can probably do better.
Heartland. I would ask for cost plus pricing from anyone you’re getting quotes from. If you’re “average” interchange rate is 2.3% why wont they offer you a direct pass through of interchange rates and make it clear what their profit is with the “plus” amount.
Paul what is your opinion of Square was considering it because I am paying 3.3 with chargeitpro and firstdata and square is only 2.75% and you can have drivers download the app to their phone & and you can password it so they can’t change anything on it
That is what I figured my sales are small but the $275 a month for up to 21K is great I only do about 8K a month right now but that if it grows its easy to switch plans